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Shakti Pumps (India) is currently trading at Rs. 1062.95, up by 49.15 points or 4.85% from its previous closing of Rs. 1013.80 on the BSE.

The scrip opened at Rs. 1035.80 and has touched a high and low of Rs. 1102.00 and Rs. 1030.65 respectively. So far 31463 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1224.65 on 20-Oct-2023 and a 52 week low of Rs. 380.15 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 1108.95 and Rs. 982.80 respectively. The current market cap of the company is Rs. 1920.91 crore.

The promoters holding in the company stood at 56.22%, while Institutions and Non-Institutions held 0.86% and 42.93% respectively.

Shakti Pumps (India) has received a patent for inventing a ‘Grinder Pump Assembly with Adjustable Impeller’. The Patent Office, Government of India, has awarded Shakti Pumps this patent, fully adhering to the provisions set forth in the Patents Act of 1970. This patent is set to maintain its validity for duration of 20 years, commencing from the date of filing. This is the 7th Patent that the company has secured.

The benefits of this innovation encompass various aspects. Firstly, it involves the use of cutter arrangements in conjunction with an adjustable impeller, providing an efficient and dependable method for grinding and processing solid waste in wastewater. This reduction in the size of solid materials is critical for their manageability in subsequent treatment processes. Furthermore, by cutting and grinding, this technology produces smaller particles that are more receptive to treatment in downstream processes like as sedimentation, biological treatment, filtration and transportation. This improves the total efficiency of wastewater treatment and industrial processes greatly.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.