Shakti Pumps (India) gains on bagging work order from Haryana Renewable Energy Department
Shakti Pumps (India) is currently trading at Rs. 4611.00, up by 16.90 points or 0.37% from its previous closing of Rs. 4594.10 on the BSE.
The scrip opened at Rs. 4684.95 and has touched a high and low of Rs. 4684.95 and Rs. 4601.00 respectively. So far 1179 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 5151.00 on 11-Oct-2024 and a 52 week low of Rs. 929.15 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 4684.95 and Rs. 4362.60 respectively. The current market cap of the company is Rs. 9204.33 crore.
The promoters holding in the company stood at 51.58%, while Institutions and Non-Institutions held 10.13% and 38.28% respectively.
Shakti Pumps (India) has received the work order under Component?B of PM?KUSUM scheme from Haryana Renewable Energy Department (HAREDA) for 3,174 pumps. The order is for Supply, Installation and commissioning of solar water pumping systems. The total amount of the work order is Rs 102.25 crore and with GST the amount is Rs 116.36 crore. The said order is to be executed within 120 days period from the date of issue of work order.
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
