KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.
KSB shares surged 7% on Wednesday, reaching a peak of Rs 878 on the NSE following the company's receipt of a major export contract from Dangote Projects Free Zone Enterprise. The agreement, valued at $12.4 million or roughly Rs 118 crore, pertains to the delivery of around 18 boiler feed pump packages. This significant order highlights KSB's expertise in providing high-efficiency, engineered pumping solutions for critical process applications, further bolstering its position in the international fertiliser and energy sectors.
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