India's KSB rises on $32 mln order

KSB

15/03/2024 09:47

** Shares of pumps and industrial valves maker KSB  KSBL.NS 
up 3.9% at 3,616.95 rupees
    ** Stock rose as much as 5.5% earlier in session
    ** KSBL receives orders worth around 2.67 bln rupees ($32.23
mln) for supply of pumps for Kudankulam site
    ** Says sales/supply of products/services for the order is
expected from Q4 of FY2025
    ** Stock set to snap four consecutive sessions of losses if
trend holds
    ** Trading vol 3.4x the 30-day daily avg
    ** Stock up 4.8% YTD
    ** Stock up 79.3% in 2023, its third consecutive yearly
gains





($1 = 82.8408 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))