KSB Ltd.

NSE: KSB | BSE: 500249 | ISIN: INE999A01023 | Industry: Compressors & Pumps
| Expensive Performer

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KSB Ltd.
02 Mar 2020
825.90
1.20%
ICICI Securities Limited
Service revenues, newly launched pumps to aid topline ahead Services revenue almost doubled to | 80-90 crore in CY19. The management believes the service business has potential to grow ~2x from present level in the next three to four years. Further, the service business has higher margins vs. the traditional business, resulting in better OPM for the overall group in the medium term. Apart from this, the company has launched gamma pump recently, which the management believes has higher traction towards wastewater treatment and can aid better topline growth ahead....
KSB Ltd. is trading above its 200 day SMA of 768.3
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