Shakti Pumps shines on receiving work order from HAREDA
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Shakti Pumps (India) is currently trading at Rs. 1040.95, up by 37.45 points or 3.73% from its previous closing of Rs. 1003.50 on the BSE.
The scrip opened at Rs. 1010.20 and has touched a high and low of Rs. 1090.20 and Rs. 1010.20 respectively. So far 26924 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. 388.70 on 27-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1090.20 and Rs. 970.95 respectively. The current market cap of the company is Rs. 1844.45 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 second Work Order from under the KUSUM-3 scheme from Haryana Renewable Energy Department (HAREDA) for Supply, Installation and commissioning of solar water pumping systems. The total amount of word order is for around Rs 258 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.
