Oswal Pumps Ltd receives LoA from MSEDCL for Rs. 380 crores

Oswal Pumps Limited has today received Letter of Empanelment/ Letter of Award from Maharashtra State Electricity Distribution Company Limited for 13,738 Off-Grid DC Solar Photovoltaic Water Pumping Systems ('SPWPS') which is to be executed within 1 (One) year under the PM Kusum B Scheme "Magel Tyala Saur Krishi Pump" Yojna. The total value of 13,738 SPWPS is Rs. 380 Crore approx. (including GST).

Shares of Oswal Pumps Limited was last trading in BSE at Rs. 498.90 as compared to the previous close of Rs. 513.80. The total number of shares traded during the day was 20446 in over 1159 trades.

The stock hit an intraday high of Rs. 517.35 and intraday low of 495.60. The net turnover during the day was Rs. 10311425.00.

Source : Equity Bulls

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