{"id":120891,"date":"2024-03-15T16:25:47","date_gmt":"2024-03-15T10:55:47","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=120891"},"modified":"2024-03-15T17:10:11","modified_gmt":"2024-03-15T11:40:11","slug":"stock-jumps-6-after-it-receives-an-order-worth-267-cr-for-the-supply-of-pumps","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-6-after-it-receives-an-order-worth-267-cr-for-the-supply-of-pumps\/","title":{"rendered":"Stock jumps 6% after it receives an order worth \u20b9 267 Cr for the supply of pumps"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1001729454\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Small-cap stock engaged in the business of manufacturing and supplying various types of power-driven pumps, industrial valves and many more jumped 6 percent in the day\u2019s trade upon receiving a new work order worth Rs. 267 Crores&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2513536299\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 12,398 Crores, the shares of KSB Limited were trading at Rs. 3,562, up 2.51 percent from its previous day\u2019s close price of Rs. 3,474.75.&nbsp;<\/p><p>KSB Limited has received a new work order worth Rs. 267 Crores for the supply of pumps along with accessories with the required motors for the Kundankulam site, Tamil Nadu. The supply of the order is expected to be done from Q4 of FY25.&nbsp;<\/p><p>KSB Limited is engaged in the business of manufacturing and supplying various types of power-driven pumps, industrial valves, standard Industrial end suction, high-pressure multistage pumps, and others used for agricultural, waste-water treatment, energy, and many more.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1001672971\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Its revenue from operations grew by 23.34 percent from Rs. 1,822 Crores in December 2022 to Rs. 2,247 Crores in December 2023, accompanied by increasing profits of Rs. 183 Crores to Rs. 209 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 17.1 percent and a return on capital employed (ROCE) of 23.3 percent, it is making good returns on its equity and capital employed.&nbsp;<\/p><p>According to the latest shareholding data available for the December 2023 quarter, the company\u2019s Promoters hold 66.69 percent stake, the Domestic Institutional Investors hold 10.13 percent and the Foreign Institutional Investors (FII) hold 4.50 percent.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-457188473\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Small-cap stock engaged in the business of manufacturing and supplying various types of power-driven pumps, industrial valves and many more jumped 6 percent in the day\u2019s trade upon receiving a new work order worth Rs. 267 Crores&nbsp; With a market capitalization of Rs. 12,398 Crores, the shares of KSB Limited were trading at Rs. 3,562, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-120891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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