Hot Pursuit     12-Jun-26
Shakti Pumps ends higher after investing Rs 10-cr in solar manufacturing subsidiary
Shakti Pumps (India) ralied 6.01% to end at Rs 537.50 after the company announced an investment of Rs 10 crore in its wholly owned subsidiary, Shakti Energy Solutions (SESL) to establish solar cell and module manufacturing plant in Madhya Pradesh.
The subsdiary plans to set up a greenfield high efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW.

Shakti Pumps (India) is engaged in the manufacturing and sale of pumps, motors, VFDs, inverters, and related spare parts. Its core products include engineered pumps, industrial pumps and solar pumps.

The company’s consolidated net profit declined 65.2% to Rs 38.33 crore in Q4 FY26 as against Rs 110.23 crore posted in Q4 FY25. Revenue from operations jumped 28.9% YoY to Rs 857.77 crore in the quarter ended March 2026.

Previous News
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 ( Hot Pursuit - 05-Jul-25   09:52 )
  Shakti Pumps (India) allots 31.87 lakh equity shares under QIP issue
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 ( Hot Pursuit - 08-May-26   15:00 )
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  Board of Shakti Pumps (India) recommends final dividend
 ( Corporate News - 10-May-25   09:43 )
  Shakti Pumps wins work order of Rs 170.25 cr
 ( Corporate News - 31-Dec-25   11:58 )
  Shakti Pumps (India) consolidated net profit rises 22.93% in the March 2025 quarter
 ( Results - Announcements 10-May-25   07:39 )
  Board of Shakti Pumps (India) approves bonus issue of 5:1
 ( Corporate News - 07-Oct-24   16:20 )
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