SBI General Insurance in Mumbai has shown strong performance. The company increased its market share among private insurers to 6.19% in the June quarter. This represents a gain of 78 basis points. Key growth came from health and motor insurance. The insurer’s market share increased by 72 bps and 47 bps in these segments, respectively.
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.