This industrial company's share price made a new 52-week high; stock has given marvellous return in a year!

Shares of the company saw a spurt in volume by more than 5.85 times on BSE.

Today, shares of KSB Ltd surged over 5 per cent touching a fresh 52-week high of Rs 2,356.85 per share from its previous closing of Rs 2,242.50, being one of the trending stocks on BSE. The shares of the company currently trading at Rs 2,270, up 1.23 per cent. The stock has given a handsome return of 80.72 per cent in the last 1 year. 

Today, the Board of Directors of KSB Ltd has scheduled a meeting, inter alia, to consider and take on record the Unaudited financial results for the quarter that ended on March 31st, 2023. 

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KSB, founded in the year 1960, is headquartered in Pune in the state of Maharashtra. It specializes in Centrifugal End Suction Pumps, High-Pressure Multistage Pumps, Industrial Gate, Globe, Check Valves, Submersible Motor Pumps, monobloc & mini monobloc pumps, Hydro pneumatic Systems, and control valves. To serve better and offer a wide range of products as well as design services, KSB has 3 companies in India - KSB, KSB Tech, and MIL Controls. 

The company is one of the world’s leading manufacturers of pumps and industrial valves. It is the brand with the greatest technical expertise in pumps and valves. 

Today, shares of the company saw a spurt in volume by more than 5.84 times on BSE. The stock has touched a day high of Rs 2,356.85 and a low of Rs 2,196.90. The company is having an ROE of 16.9 per cent and a ROCE of 23.2 per cent. Investors should keep this stock under their watchlist.