Shakti Pumps rises on investing Rs 10 crore in Shakti EV Mobility
Shakti Pumps (India) is currently trading at Rs. 566.25, up by 5.35 points or 0.95% from its previous closing of Rs. 560.90 on the BSE.
The scrip opened at Rs. 562.90 and has touched a high and low of Rs. 572.40 and Rs. 562.00 respectively. So far 11404 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1047.00 on 17-Jun-2025 and a 52 week low of Rs. 457.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 583.60 and Rs. 521.00 respectively. The current market cap of the company is Rs. 7021.34 crore.
The promoters holding in the company stood at 50.35%, while Institutions and Non-Institutions held 9.80% and 39.84% respectively.
Shakti Pumps (India) has invested Rs 10 core in its wholly owned subsidiary i.e. Shakti EV Mobility by subscribing to 1,00,00,000 Equity Shares of face value of Rs 10. The consolidated investment is Rs 65 crore after subscribing aforesaid equity shares. The objective of investment is to initiate and expand the business of the wholly owned subsidiary.
