Ksb Limited
Nippon India Mutual Fund raised its stake in Ksb Limited from 1.52% to 1.58%, purchasing 92,245 shares.
A manufacturer of industrial pumps and engineered fluid handling solutions, KSB Ltd serves agriculture, wastewater treatment, energy, and oil and gas sectors. The company produces standard end suction pumps, high-pressure multistage pumps, submersible motor pumps, and monoblock pumps alongside value-added components. Its comprehensive product range addresses critical fluid management needs across nuclear power plants, conventional power generation facilities, and various other industrial applications globally.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.