The India business, accounting for a third of the company’s total revenues, grew at 11%. This is a volume-led growth aided by new product launches. Sun’s India business grew higher than the Indian Pharma market growth. The company launched 14 new products during the quarter.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.