KSB Limited wins 850 MINR order from ONGC for pump replacement

Govt Defence OrderBusiness Updates View source PDF Explain this filing

KSB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.5%Reaction day

₹779.00

prior close

₹785.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.1%-2.3% vs market

Compressors Pumps & Diesel Engines peers, median of 14sector-1.5%-1.9% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Smallcap 250 and 1.9 pts less than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.6

10m

-2.3

15m

-2.5

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-1.1-2.3-1.5-1.9

Next day

-5.6-3.4-2.2-4.9-0.7

-9.9-4.4-5.5-5.8-4.1

-13.3-7.1-6.2-7.3-6.0

-13.8-6.1-7.7-7.2-6.6

-15.4-4.0-11.4-7.6-7.8

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

KSB Limited has received a significant order worth about 850 million rupees from ONGC, a government-owned oil and gas company. The contract covers replacement of 7 main injection pumps used in critical process applications, with delivery scheduled by financial year 2029. The win strengthens KSB's position and expands its footprint in India's oil and gas industry.

Likely market impact

Positive order win from a government PSU boosts KSB's oil and gas presence, though execution extends to FY2029.