Shakti Pumps India Ltd receives order from MPUVNL

Shakti Pumps (India) Limited has received a Work Order from Madhya Pradesh Urja Vikas Nigam Limited for 2,033 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 2,033 pumps is around Rs. 71.25 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. 630.30 as compared to the previous close of Rs. 550.95. The total number of shares traded during the day was 2228946 in over 39207 trades.

The stock hit an intraday high of Rs. 646.45 and intraday low of 549.90. The net turnover during the day was Rs. 1392699923.00.

Source : Equity Bulls

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