KSB Pumps to issue bonus shares; stock surges

Shares of KSB Pumps surged higher after the company decided to issue bonus shares in the ratio of one equity share for one share held. The scrip was at Rs 479.40, up 6.88 per cent on the NSE.

By ET Bureau | Feb 25, 2011, 12.06 PM IST

MUMBAI: Shares of KSB Pumps surged higher after the company decided to issue bonus shares in the ratio of one equity share for one share held. The scrip was at Rs 479.40, up 6.88 per cent on the NSE.

It touched a high of Rs 489.40 and low of Rs 460 in trade so far.

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