KSB stock climbs to 8-week high logging 12% intraday gain. Why is this small-cap rising in a range-bound market?
Shares of KSB, a manufacturer of industrial pumps, rose 12% in early trade on Thursday, February 26, to reach an eight-week high of ₹803.85 apiece, extending its winning run to a second straight session. The stock opened the session higher at ₹779 apiece and maintained the momentum to hit the day’s high of ₹806, a…