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KSB Ltd. ( (IN:KSB) ) has provided an update.
KSB Ltd. has secured a significant contract worth approximately INR 49 Crores from the Maharashtra State Electricity Distribution Co. Ltd. under the Magel Tyala Saur Krushi Pump Scheme. This contract involves the design, manufacture, supply, and installation of 2000 solar water pumping systems, with delivery expected to commence in the second quarter of 2025. This development is poised to enhance KSB’s market positioning in the renewable energy sector, potentially benefiting stakeholders by expanding the company’s footprint in sustainable solutions.
More about KSB Ltd.
KSB Ltd. operates in the engineering industry, primarily focusing on the design, manufacture, and supply of pumps and valves. The company serves various sectors, including water, wastewater, and energy, with a strong market presence in India.
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.