Shakti Pumps stock in focus after receiving Rs112.18 Crore order for 4,755 solar pumping systems
India, Oct. 6 -- This Solar Pump Stock, engaged in manufacturing solar pumps, submersible pumps, motors, controllers and energy-efficient pumping solutions for agriculture, irrigation, industrial and renewable energy applications in domestic and international markets, jumped 1.64 percent after receiving order worth Rs. 112.18 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 4,755 Off-Grid Solar Photovoltaic Water Pumping Systems.
With a market capitalization of Rs. 5,502.32 crores, the share of Shakti Pumps (India) Limited has reached an intraday high of Rs. 451.15 per equity share, rising nearly 1.64 percent from its previous day's closing price of Rs. 443.85. Since then, the stock has retrea...
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