Shakti Pumps Gains 4.5% as ₹347.4 Cr Solar Pump Orders Boost Outlook

Mumbai, September 15, 2025: Shakti Pumps (India) Limited is witnessing a rally today, September 15, 2025. As of 1:15 PM, the shares were up 4.17%, or 35.75 points, and were trading at ₹892.40. Until now, the shares have traded within a range of ₹915.00 and ₹883.15. The current traded volume stands at 19.32 lakh shares, and the market cap has increased and is currently at ₹10,571 crore. The company’s stock is currently trading 35% above its 52-week low of ₹651.75 (23-Sep-2024), but it is still down nearly 35% from its 52-week high of ₹1,387.00 (09-Jan-2025).

Shakti Pumps (India) Limited is an Indian company that manufactures solar pumps, stainless-steel submersible pumps, pressure booster pumps, and pump motors. The company was established in 1982 and is India’s first 5-star rated pump manufacturer. The company is headquartered in Pithampur, Madhya Pradesh and has SHAKTIPUMP as the NSE ticker symbol and 531431 as the BSE code.

Key Trigger: ₹347.4 Cr Solar Pump Orders

The sha͏res are gaining momentum after the com͏pan͏y announce͏d fresh o͏rders worth ₹3͏47.41 cror͏e u͏nder the ͏Magel Ty͏ala S͏aur ͏Krushi Pum͏p Yojana / PM-͏KUSUM B scheme. This o͏rder co͏vers the͏ se͏cond ͏tranche ͏of 12,͏451 off-g͏rid DC͏ solar phot͏ovolta͏ic water pumping͏ systems (SPWPS), ͏w͏h͏i͏ch have been fully͏ subscribed b͏y farmers ac͏ross Maharashtra.

This follows ͏an earlie͏r ͏allotment o͏f 10,͏000 uni͏ts worth ₹268.88 crore. Co͏mbined, ͏the company h͏as͏ alr͏eady booked 22,͏45͏1 ͏SP͏WPS valued at ₹616.͏30 ͏crore, bring͏ing it closer to it͏s target of 34,720 units͏.͏

Positions the Company Strongly to Deliver on the Order

Commenting on the development, Chairman Dinesh Patidar said, “Our deep-rooted presence in Maharashtra, coupled with proven execution capabilities, positions us strongly to deliver on this order within the stipulated timeline. We remain committed to empowering farmers with sustainable and energy-efficient water solutions that enhance agricultural productivity.”

REF: https://nsearchives.nseindia.com/corporate/SHAKTIPUMP_13092025175255_LetterPressrelease13092025.pdf

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