KSB Pumps rose 1.3% to Rs 210 at 12:36 IST on BSE after net profit jumped 93% to Rs 15.61 crore on 1.4% growth in net sales to Rs 162.87 crore in Q1 March 2013 over Q1 March 2012.
The company announced Q1 results at the fag end of trading hours on Friday, 26 April 2013. The stock had risen 0.04% to settle at Rs 207.30 on that day.
Meanwhile, the S&P BSE Sensex was up 27.23 points or 0.14% at 19,313.95.
On BSE, 2,108 shares were traded in the counter as against average daily volume of 6,778 shares in the past one quarter.
The stock hit a high of Rs 214 and a low of Rs 209 so far during the day. The stock had hit a 52-week high of Rs 241 on 26 April 2012. The stock had hit a 52-week low of Rs 177.25 on 28 June 2012.
The stock had outperformed the market over the past one month till 26 April 2013, rising 3.81% compared with the Sensex's 3.11% gain. The scrip had also outperformed the market in past one quarter, surging 6.04% as against Sensex's 4.06% fall.
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The small-cap company has equity capital of Rs 34.81 crore. Face value per share is Rs 10.
KSB Pumps manufactures pumps and valves. The company supplies its products to customers from industry and building services, OEMs, the energy industry, mining and the public sector, power plants, process engineering etc. KSB's products are also used in chemical, petrochemical and other industries to transport aggressive, corrosive, explosive, solids-laden and viscous liquids, industrial and municipal waste water and in the areas of heating and air conditioning.
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