KSB Ltd Share Price (KSB)

KSB Ltd Experiences Growth in Returns on Capital - 13 Apr, 2024

KSB Ltd's returns on capital have increased substantially over the last five years to 18%, indicating plenty of opportunities to invest capital internally and at ever higher rates. The company is making more money per dollar of capital used, a combination that's common among multi-baggers.

KSB Announces Stock Split Plan, Shares Hit New High - 10 Apr, 2024

KSB Ltd's shares hit a new high of Rs 4,350 after announcing a stock split plan to make them more affordable for retail investors. The board will meet on April 26, 2024, to approve the sub-division/split of equity shares and financial results for Q4FY24. KSB has outperformed the market by surging nearly 20% in the past month due to an increase in order inflow from all segments. The company received orders worth around Rs 267 crore for supply of pumps for Kudankulam site and a letter of award under PM-Kusum III Scheme.

KSB Ltd Announces Stock Split Proposal, Share Price Rises - 09 Apr, 2024

KSB Ltd's board will consider a stock split proposal on April 26th, leading to a 4.1% increase in the company's stock price. The company also announced its Q3 FY23-24 financial results, reporting growth in revenue from operations and net profit. KSB Ltd's share price rose by nearly 4.5% following the announcement of the stock split.

KSB Ltd Stock Shows Favorable Sentiment Among Investors - 22 Mar, 2024

KSB Ltd's compound EPS growth of 24% per year is slower than its share price growth of 41% per year over the last five years, indicating that market participants hold the company in higher regard. The favorable

KSB Receives Letter of Award Worth Rs 63.22 Crore - 18 Mar, 2024

KSB Ltd has received a letter of award worth Rs 63.22 crore from Maharashtra Energy Development Agency for the supply of 2,500 solar water pumping systems under Component B of PM-Kusum III scheme. However, KSB reported a fall in consolidated net profit to Rs 54.90 crore in Q3 FY24.

KSB Bags Supply Order Worth Rs 267 Crore - 15 Mar, 2024

KSB Ltd has received a supply order worth Rs 267 crore for the Kudankulam site in Tamil Nadu, which includes the sale and supply of pumps and accessories. The sales are expected to begin in Q4 FY2025, leading to a more than 6% surge in KSB's share price.