Shakti Pumps (India) witnessed a positive trading session, with its share price rising to Rs. 742.10, up by 1.20% or 8.80 points from the previous close of Rs. 733.30 on the BSE.
The stock opened at Rs. 747.95 and recorded an intra-day high of Rs. 752.70 and a low of Rs. 730.60, with a total of 2,07,944 shares changing hands during the day.
Shakti Pumps’ BSE group ‘A’ stock, with a face value of Rs. 10, has seen a 52-week high of Rs. 1,398.00 on 9 January 2025 and a 52-week low of Rs. 549.00 on 10 December 2025. The one-week price range stood between Rs. 768.05 and Rs. 691.85. The company’s current market capitalisation is Rs. 9,168.47 crore.
Promoter holdings in Shakti Pumps stand at 50.30%, while institutional and non-institutional investors hold 12.31% and 37.39%, respectively.
The company has recently received a significant work order from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for supplying 1,897 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across Madhya Pradesh. This project falls under Component-B of the PM-KUSUM scheme.
The total contract value is approximately Rs. 65.20 crore, including GST, with a completion timeline of 120 days.
Shakti Pumps (India) specialises in manufacturing a wide range of submersible pumps and motors catering to diverse applications.
(Lake City Update)