Shakti Pumps shines on securing order worth Rs 356.77 crore
Shakti Pumps (India) is currently trading at Rs. 738.45, up by 24.55 points or 3.44% from its previous closing of Rs. 713.90 on the BSE.
The scrip opened at Rs. 724.00 and has touched a high and low of Rs. 768.05 and Rs. 710.15 respectively. So far 489356 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1398.00 on 09-Jan-2025 and a 52 week low of Rs. 549.00 on 10-Dec-2025.
Last one week high and low of the scrip stood at Rs. 774.00 and Rs. 691.85 respectively. The current market cap of the company is Rs. 9111.71 crore.
The promoters holding in the company stood at 50.30%, while Institutions and Non-Institutions held 12.31% and 37.39% respectively.
Shakti Pumps (India) has secured order worth around Rs 356.77 crore (inclusive of GST) from Maharashtra State Electricity Distribution Company. The order is for design, manufacture, supply, transport, installation, testing and commissioning of 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme. The order is to be executed within 60 days from the issuance of work order/Notice to Proceed (NTP).
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
