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KSB shares jump after winning ₹118 crore international export order
The order covers about 18 boiler feed pump packages, with delivery and payment structured around installation between September 2027 and March 2028.
KSB shares rose nearly 10% on Wednesday, September 30, after the company said it won an international export order for boiler feed pump packages from Dangote Projects Free Zone Enterprise.
The contract is valued at about ₹118 crore, or roughly US$12,400,051, and KSB said it will strengthen its presence in the international fertilizer and energy sectors by supplying high-efficiency engineered pumping solutions.
KSB said the project is scheduled for execution from September 2027 to March 2028, with delivery also planned within that window.
According to the order terms, payment will be made after installation, and the scope includes approximately 18 boiler feed pump packages.