Shakti Pumps India Ltd receives LOA for order worth Rs. 293 crores

Shakti Pumps (India) Limited has received Letter of Award under PM - KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps. The total amount of the work order is for around Rs. 293 Crores (inclusive of GST).

The order is for Supply, Installation and commissioning of solar water pumping systems.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 787.30 as compared to the previous close of Rs. 747.85. The total number of shares traded during the day was 12129 in over 1126 trades.

The stock hit an intraday high of Rs. 795.25 and intraday low of 749.05. The net turnover during the day was Rs. 9482468.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 LOA OrderWin PMKusum3Scheme SolarWaterPumpingSystems