Second largest pump manufacturer in India with 15% market share having an planned capex of ` 250 crores in next three years Company expects the market for pumps and services to grow moderately & market for valves is expected to be sluggish, primarily due to poor demand from the power sector. Whereas, company has taken effective steps to improve operational efficiency to maintain the earnings. As a part of its growth strategy, company plans to expand its operations over the next five years. KSB will set up a new plant for manufacturing high-end engineered pumps for super critical thermal power plants at an estimated capex of around ` 250 Crores to be financed partially from internal generations and...