Inventory Market As we speak: Shakti Pumps share value gained 4% through the intraday trades on Thursday after it introduced the receipt of ₹115 crore order from Maharashtra Power Division .
Shakti Pumps Order particulars
Shakti Pumps (India) Restricted knowledgeable the buyers by means of its filings on the exchanges on Thursday 12 June 2025 in regards to the order e book replace. The Shakti Pumps intimated the Nationwide Inventory Change of India Ltd and the BSE or the Bombay Inventory Change of India having acquired a Letter of Award from Maharashtra Power Division Company (MEDA).
The scope of order acquired by Shakti Pumps or Letter of Award from Maharashtra Power Division Company is for 4500 Off-grid Photo voltaic Photovoltaic Water Pumping System (SPWPS). The scope of labor consists of Design, Manufacture, Provide, transport of the Photo voltaic Photovoltaic Water Pumping System.
The Photo voltaic Photovoltaic Water Pumping System are to be put in at numerous places throughout the State of Maharashtra. These SPWPS put in by Shakti Pumps shall be beneath MNRE Part-B of PM-KUSUM scheme.
The works or the challenge must be accomplished by Shakti Pumps inside 90 days from the date of issuance of labor order. The overall quantity of the work order is for round Rs. 114.58 Crores (inclusive of GST).
Shakti Pumps share value motion
Shakti Pumps share value opened at ₹973.70 on the BSE on Thursday. The Shakti Pumps share value on the time of opening was up near 10% over the earlier days closing value of ₹965.45 . Shakti Pumps share value there after continued to rise and submit the announcement of labor order receipt touched intraday highs of ₹1010 , which translated into positive aspects of 4.6% through the intraday trades for Shakti Pumps share value. This was regardless of weak point within the Inventory market and on the day when Sensex was down greater than 0.45%.
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