Shakti Pumps Shares Surge 12% on Rs 236 Crore Maharashtra Solar Pump Order

Shakti Pumps share price jumps 12% on ₹236 crore solar pump order

Shakti Pumps shares surged 12% after announcing a ₹235.92 crore order from MSEDCL for 10,000 solar pumps. This order, part of a government initiative, includes full project execution across Maharashtra within 60 days.

Shakti Pumps shares jump up to 12% on securing Rs 236 crore order in Maharashtra

In an exchange filing, the company said it received a Letter of Empanelment from Maharashtra State Electricity Distribution Company.

Shakti Pumps shares surge 12% on Rs 236 crore Maharashtra solar pump order

Shakti Pumps shares surged nearly 12% after the company secured a Rs 216.64 crore order from MSEDCL to supply 10,000 solar water pumping systems across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana.

Shakti Pumps Shares Soar 12% After Rs 236 Crore Order

Shares of Shakti Pumps Ltd soared 12% in early trade on Thursday, 10 September, after the company secured a Rs 235.92 crore order from Maharashtra State Electricity Distribution Company (MSEDCL).  The stock touched an intraday high of Rs 524.45 on the NSE, as investors reacted positively to the large solar...

Shakti Pumps shares jump 12% after Rs 236 crore Maharashtra solar pump empanelment - BusinessToday

Shakti Pumps will undertake the design, manufacture, supply, transportation, installation, testing and commissioning of the off-grid solar photovoltaic water pumping systems.

Shakti Pumps Secures INR 235.92 Crore Order for 10,000 Solar Water Pumping Systems in Maharashtra

Shakti Pumps (India) Limited has secured a ₹235.92 crore contract from MSEDCL to design and install 10,000 off-grid Solar Photovoltaic Water Pumping Systems in Maharashtra. This order, part of the Magel Tyala Saur Krushi Pump Yojana, involves capacities of 3, 5, and 7.5 HP, to be completed within 60 days.