Shakti Pumps India Ltd receives order worth Rs. 170.25 crores

Shakti Pumps (India) Limited has received New Work Order from Madhya Pradesh Urja Vikas Nigam Limited for 4,840 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Madhya Pradesh under Component-B of PM-KUSUM scheme. The total value of the 4,840 pumps is around Rs. 170.25 Crores (inclusive of GST) which is to be executed within 120 days.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 700.60 as compared to the previous close of Rs. 713.30. The total number of shares traded during the day was 79510 in over 3173 trades.

The stock hit an intraday high of Rs. 712.00 and intraday low of 696.70. The net turnover during the day was Rs. 56020405.00.

Source : Equity Bulls

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