Shakti Pumps (India)

Shakti Pumps (India) share price rose 5.27 per cent to the day's high of ₹736.70 apiece

Shakti Pumps said it has received a letter of award from the Maharashtra State Electricity Distribution Co. for the supply of 12,883 off-grid DC solar photovoltaic water pumping systems

Share price of Shakti Pumps surged 12% to ₹730 in Monday's intra-day deal, with a combined 16.3 million equity shares representing 13.2% of total equity of the company changing hands on the NSE and BS

Shakti Pumps shares rose 5 per cent after it won an order worth ₹23.98 crore from the state of Jharkhand for 1,200 solar water pumping systems

Shakti Pumps shares rose 8 per cent after it bagged orders worth ₹444 crore for the supply of solar water pumps from Maharashtra State Electricity Distribution Company

At 11:05 AM, Shakti Pumps share price was trading 4.43 per cent higher at ₹896.40 per share. In comparison, BSE Sensex was trading 0.1 per cent lower at 81,821.46 levels.

Shares of Shakti Pumps rose 4 per cent after it received a letter of award from the Maharashtra Energy Department Agency

Solar pumps maker Shakti Pumps (India) on Saturday posted around 23 per cent growth in profit to Rs 110.23 crore in the March quarter, driven by higher income. It had reported Rs 89.67 crore profit in the January-March period of the 2023-24 fiscal year, the company said in an exchange filing. The company's total income rose to Rs 669.76 crore from Rs 610.13 crore in the fourth quarter a year ago. The company's Chairman Dinesh Patidar said, "We reported our highest-ever revenue of Rs 25,162 million (Rs 2,516.2 crore) in FY25, which surged by 83.6 per cent YoY, while PAT grew exceptionally by 188.2 per cent to Rs 4,084 million (Rs 408.4 crore). "This impressive topline growth was driven by strong performances in both our domestic and export businesses, with profitability and margins further bolstered by our unwavering focus on operational efficiencies." "Our strong position in regions such as the US, Africa, Asia, and the Middle East ensures that this business remains stable and ...

The uptick in Shakti Pumps share price came after the company announced the additional tie-up for DCR cell-based Solar Module for FY 2025-26

Shakti Pumps has zoomed nearly 550% thus far in 2024, while Kirloskar Pneumatic Company has soared over 150%. Here are the key levels to track as per technical charts in compressors & pumps shares.

The rise in the Shakti Pumps share price came after the company announced that its board of directors will meet on January 7, 2025, to consider and approve fundraising via QIP

Shakti Pumps (India) share price: The company is said to be the biggest beneficiary under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM KUSUM) scheme

Shares of Shakti Pumps (India) hit a new high of Rs 1,010, gaining 5 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.

The work order is worth Rs 116.36 crore for the supply, installation, and commissioning of solar water pumping systems. The order has to be completed within 120 days from the date of issue of the work

Shakti Pumps, Pokarna, Gokul Agro Resources, Foseco India and GHCL Textiles from the BSE Smallcap index hit their respective record highs, rallied by up 17% in otherwise a weak market.

The uptick in stock price came after the company announced that it has secured Letter of Intent (LoI) for an order worth Rs 558.16 crore from Department of Agriculture, Uttar Pradesh.

Shakti Pumps (India) hit a new high of Rs 4,240.80 and has surged 27 per cent in past one week

The uptick in stock price came after the company announced that its Long term rating has been upgraded

Shakti Pumps on Saturday posted a multifold jump in its consolidated profit after tax to Rs 89.70 crore during the quarter ended March 2024 on the back of higher revenues. It had clocked a net profit after tax (PAT) of Rs 2.2 crore during the fourth quarter of the preceding fiscal, the company said in a statement. During FY24, the company's PAT grew manifold to Rs 141.7 crore from Rs 24.1 crore in FY23. Its revenues surged over three-fold to Rs 609.3 crore from Rs 182.7 crore in the year-ago quarter. In FY24, Shakti Pumps' revenue jumped 41.7 per cent to Rs 1,370.7 crore from Rs 967.7 crore in FY23. Shakti Pumps (India) Limited Chairman Dinesh Patidar said, "FY24 has been a remarkable year for SPIL, as the company delivered its strongest performance ever in terms of revenue and profitability. This is well supported by our outstanding performance in both our government and export businesses, which reported a revenue growth of 52 per cent and 23 per cent YoY, respectively, in FY24".

The outlook for the long-term rating of the company has been revised from 'Stable' to 'Negative'.