Oswal Pumps moves up on bagging order worth Rs 162.06 crore
Oswal Pumps is currently trading at Rs. 417.55, up by 7.25 points or 1.77% from its previous closing of Rs. 410.30 on the BSE.
The scrip opened at Rs. 420.30 and has touched a high and low of Rs. 425.00 and Rs. 417.15 respectively. So far 10313 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. 283.05 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 448.85 and Rs. 303.05 respectively. The current market cap of the company is Rs. 4755.71 crore.
The promoters holding in the company stood at 75.67%, while Institutions and Non-Institutions held 7.45% and 16.88% respectively.
Oswal Pumps has received an order from Maharashtra State Electricity Distribution Company (MSEDCL) under the PM Kusum B Scheme ‘Magel Tyala Saur Krishi Pump’ Yojna for the supply and installation of 6,869 Off-Grid Solar Photovoltaic Water Pumping Systems, with a total order value of Rs 162.06 crore (inclusive of GST).
The order encompasses the design, manufacture, supply, installation, testing, and commissioning of solar water pumping systems in 3 HP, 5 HP and 7.5 HP capacities. These systems will be installed at identified farmers’ locations across the state of Maharashtra, supporting sustainable irrigation and promoting the adoption of renewable energy in the agricultural sector.
