Shakti Pumps India Ltd receives LOI for order worth Rs. 149.71 crores

Shakti Pumps India Ltd has received Letter of Intent of Rs. 149.71 Crores (inclusive of GST) for implementation of grid connected Solar Water pumping System (Mandatory replacement of existing grid connected AC Pump with BLDC Pump Sets) Under PM KUSUM Scheme (Component C) from Ajmer Viduyt Vitran Nigam Limited.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 916.75 as compared to the previous close of Rs. 906.35. The total number of shares traded during the day was 111578 in over 5022 trades.

The stock hit an intraday high of Rs. 963.00 and intraday low of 908.00. The net turnover during the day was Rs. 104811646.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 OrderWin LOI SolarWaterPumpingSystem PMKUSUMScheme