Shakti Pumps Receipt of Order By Amarjeet Maurya, Angel Broking
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Below are Views On Shakti Pumps Receipt of Order By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
Shakti Pumps (India) is engaged in manufacturing of Pumps, Motors & their spare parts. The core products of the Company are Engineered Pumps, Industrial Pumps, and Solar Pumps etc. The company has awarded a contract from the Government of Uganda represented by the Ministry of Water and Environment for Supply of solar powered water pumping Systems at a contract price of USD 3,53,00,000. This is a positive development for the company (considering the company’s top-line), which would support revenue growth for FY22.
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