Shakti Pumps India Limited invests in subsidiary

Shakti Pumps (India) Limited has invested Rs. 50,00,000 in its wholly owned subsidiary i.e. Shakti Green Industries Pvt. Ltd. by subscribing to 5,00,000 Equity Shares of ns.10/- each. The consolidated investment is Rs. 51,00,000 after subscribing aforesaid equity shares.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 535.75 as compared to the previous close of Rs. 557.30. The total number of shares traded during the day was 11585 in over 1126 trades.

The stock hit an intraday high of Rs. 557.00 and intraday low of 530.05. The net turnover during the day was Rs. 6287833.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 Investment Subsidiary