Shakti Pumps (India) rises on winning order from Jharkhand state
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Shakti Pumps (India) is currently trading at Rs. 4490.00, up by 24.35 points or 0.55% from its previous closing of Rs. 4465.65 on the BSE.
The scrip opened at Rs. 4461.10 and has touched a high and low of Rs. 4580.00 and Rs. 4461.00 respectively. So far 7131 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 5089.30 on 06-Aug-2024 and a 52 week low of Rs. 702.05 on 29-Aug-2023.
Last one week high and low of the scrip stood at Rs. 4580.00 and Rs. 4270.00 respectively. The current market cap of the company is Rs. 9055.87 crore.
The promoters holding in the company stood at 51.58%, while Institutions and Non-Institutions held 9.16% and 39.26% respectively.
Shakti Pumps (India) has received its first order from the state of Jharkhand. Jharkhand Renewable Energy Development Agency has given Letter of Award for 400 Nos. of Solar Water Pumping Systems (SWPS) at various locations across the state of Jharkhand under Component-B of PM-KUSUM scheme. The total amount of the order value is for around Rs 9.40 crore (inclusive of GST).
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
