KSB moves up on getting LoA worth Rs 63.22 crore from Maharashtra Energy Development Agency
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KSB is currently trading at Rs. 3641.40, up by 22.25 points or 0.61% from its previous closing of Rs. 3619.15 on the BSE.
The scrip opened at Rs. 3692.85 and has touched a high and low of Rs. 3707.65 and Rs. 3610.15 respectively. So far 868 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. 12673.01 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 Letter of Award (LoA) under PM-Kusum III Scheme under Component B of Rs 63.22 crore for 2500 solar water pumping systems from Maharashtra Energy Development Agency. The sales/supply of products/services for these orders is expected from Quarter 2, 2024.
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.
