KSB bags orders of around Rs500 crore from NPCIL; Stock jumps near 4%

11 Jul 2022 , 09:17 AM

KSB Limited has informed to the exchanges regarding receipt of major order by NPCIL.

As per the regulatory filing, the company has received orders of around Rs500 crore from Nuclear Power Corporation of India Limited (“NPCIL”) for supply of Primary Coolant Pumps and Electric Motor along with spares and accessories for their Kaiga 5 & 6 Project.

The sales/ supply of products/ services for these orders will be in a phased manner FY 2026 onwards, the company said.

At around 9:17 AM, KSB was trading at Rs1540 per share higher by 3.72% as against previous closing of Rs1484.75 per share on the BSE.