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KSB Ltd. Secures INR 14 Crore Solar Pumping Systems Contract

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KSB Ltd. Secures INR 14 Crore Solar Pumping Systems Contract

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KSB Ltd. ( (IN:KSB) ) has provided an update.

KSB Ltd. has been awarded a contract worth approximately INR 14 Crores under the PM-Kusum Scheme to supply 962 solar water pumping systems to the Tripura Renewable Energy Development Agency. This contract signifies a strategic move for KSB Ltd. to strengthen its position in the renewable energy sector, with the sales and supply expected to commence in the second quarter of 2025, potentially enhancing its market presence and operational growth.

More about KSB Ltd.

KSB Ltd. operates in the engineering and manufacturing industry, primarily focusing on the production and supply of pumps and related systems. The company is known for its expertise in fluid handling technology and serves various sectors, including agriculture and renewable energy.

YTD Price Performance: -8.53%

Average Trading Volume: 11,882

Current Market Cap: 122.4B INR

For detailed information about KSB stock, go to TipRanks’ Stock Analysis page.

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