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Securities has buy call on KSB with a target price of Rs 1575. The current market price of . is Rs 1473.55.

Time period given by analyst is Intra Day when KSB price can reach defined target.

KSB Ltd., incorporated in the year 1960, is a Small Cap company (having a market cap of Rs 5131.20 Crore) operating in Irrigation & Allied Services sector.

KSB Ltd. key Products/Revenue Segments include Pumps & Spares, Sale of services, Export Incentives and Scrap for the year ending 31-Dec-2021.

Financials

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For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 427.20 Crore, down -5.65 % from last quarter Total Income of Rs 452.80 Crore and up 9.88 % from last year same quarter Total Income of Rs 388.80 Crore. Company reported net profit after tax of Rs 38.50 Crore in latest quarter.

Investment Rationale
Fresh all-time high of 1,523 with breakout from the “Flag” pattern on the weekly charts.


Promoter/FII Holdings
Promoters held 66.69 per cent stake in the company as of 31-Mar-2022, while FIIs owned 2.45 per cent, DIIs 10.97 per cent.

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