Oswal Pumps gains on winning order from Maharashtra State Electricity Distribution Company
Oswal Pumps is currently trading at Rs. 539.40, up by 8.65 points or 1.63% from its previous closing of Rs. 530.75 on the BSE.
The scrip opened at Rs. 532.40 and has touched a high and low of Rs. 549.80 and Rs. 532.40 respectively. So far 28203 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.45 on 21-Aug-2025 and a 52 week low of Rs. 486.50 on 11-Dec-2025.
Last one week high and low of the scrip stood at Rs. 549.80 and Rs. 526.70 respectively. The current market cap of the company is Rs. 6149.08 crore.
The promoters holding in the company stood at 75.67%, while Institutions and Non-Institutions held 13.17% and 11.15% respectively.
Oswal Pumps has received Letter of Empanelment from Maharashtra State Electricity Distribution Company for additional 6,500 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) which is to be executed within 1 year under the PM Kusum B Scheme ‘Magel Tyala Saur Krishi Pump’ Yojna. The total value of 6,500 SPWPS is around Rs 180 crore (including GST).
Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand.
