Shakti Pumps gains on investing Rs 3 crore in Shakti Energy Solutions
Shakti Pumps (India) is currently trading at Rs. 731.85, up by 7.40 points or 1.02% from its previous closing of Rs. 724.45 on the BSE.
The scrip opened at Rs. 724.15 and has touched a high and low of Rs. 755.00 and Rs. 723.75 respectively. So far 57090 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1398.00 on 09-Jan-2025 and a 52 week low of Rs. 549.00 on 10-Dec-2025.
Last one week high and low of the scrip stood at Rs. 758.00 and Rs. 722.10 respectively. The current market cap of the company is Rs. 9022.86 crore.
The promoters holding in the company stood at 50.30%, while Institutions and Non-Institutions held 12.31% and 37.39% respectively.
Shakti Pumps (India) has invested Rs 3.00 crore in Shakti Energy Solutions, a wholly owned subsidiary of the company. The said investment is for setting up Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW.
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
