India's KSB climbs on order win

KSB

18/03/2024 08:16

** Shares of industrial machinery and equipment maker KSB
 KSBL.NS  rise 2.3% to 3,710 rupees
    ** Co on Saturday said it won contract worth 632.2 mln
rupees ($7.6 mln) for 2,500 solar water pumping systems from
Maharashtra Energy Development Agency
    ** Adds sale of products is expected from Q2 2024
    ** Stock up 1.4% so far in March, eyes tenth consecutive
monthly gain

($1 = 82.8953 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))