KSB jumps on getting LoA worth Rs 27.78 crore
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KSB is currently trading at Rs. 2971.00, up by 39.40 points or 1.34% from its previous closing of Rs. 2931.60 on the BSE.
The scrip opened at Rs. 2962.00 and has touched a high and low of Rs. 3045.00 and Rs. 2940.60 respectively. So far 17073 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3220.00 on 22-Sep-2023 and a 52 week low of Rs. 1706.20 on 30-Jan-2023.
Last one week high and low of the scrip stood at Rs. 3220.00 and Rs. 2850.00 respectively. The current market cap of the company is Rs. 10258.74 crore.
The promoters holding in the company stood at 66.69%, while Institutions and Non-Institutions held 13.71% and 19.59% respectively.
KSB has received letter of award (LoA) under PM-Kusum III Scheme under Component B of Rs 27.78 crore for 800 solar water pumping systems. The company has received LoA from Department of Agriculture, Uttar Pradesh.
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.
