KSB climbs on receiving orders for supply of Pumps for Kudankulam site
KSB is currently trading at Rs. 3624.80, up by 150.05 points or 4.32% from its previous closing of Rs. 3474.75 on the BSE.
The scrip opened at Rs. 3500.20 and has touched a high and low of Rs. 3704.55 and Rs. 3419.10 respectively. So far 4237 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4211.20 on 19-Feb-2024 and a 52 week low of Rs. 1960.00 on 16-Mar-2023.
Last one week high and low of the scrip stood at Rs. 3857.95 and Rs. 3317.45 respectively. The current market cap of the company is Rs. 12353.30 crore.
The promoters holding in the company stood at 66.69%, while Institutions and Non-Institutions held 14.61% and 18.69% respectively.
KSB has received orders of around Rs 267 crore for supply of Pumps for Kudankulam site, Tamil Nadu state, India. Scope of the order is supply of Pumps along with accessories including motors. The sales/ supply of products/ services for the order is expected from Q4 of FY25.
KSB is one of the world’s leading manufacturers of pumps and industrial valves. It is the brand with the greatest technical expertise in pumps and valves.
