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Shakti Pumps trades jubilantly as Franklin Templeton MF buys its 2% stake

19 Nov 2014 Evaluate

Shakti Pumps (India) is currently trading at Rs. 219.20, up by 19.70 points or 9.87% from its previous closing of Rs. 199.50 on the BSE.

The scrip opened at Rs. 210.70 and has touched a high and low of Rs. 224.00 and Rs. 209.00 respectively. So far 256275 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 279.80 on 09-Sep-2014 and a 52 week low of Rs. 56.70 on 21-Nov-2013.

Last one week high and low of the scrip stood at Rs. 261.50 and Rs. 165.00 respectively. The current market cap of the company is Rs. 355.14 crore.

The promoters holding in the company stood at 47.74% while Institutions and Non-Institutions held 3.31% and 48.96% respectively.

Franklin Templeton Mutual Fund (MF) has bought 334,816 equity shares representing 2% stake in Shakti Pumps via open market purchase. Franklin Templeton Mutual Fund A/c Franklin India Prima Plus has purchased 227,908 shares at Rs 193.82 on BSE and 106,908 shares at Rs 194.54 on NSE. Meanwhile, Reliance Wealth Management has sold 79,513 shares of the company at Rs 191.79 on NSE.

Shakti Pumps was incorporated to manufacture submersible pumps and electric control panels. The company is engaged in the business of manufacturing of submersible pumps along with submersible motors and associated controls panels under the name ‘Shakti’.

 

Shakti Pumps (I) Share Price

549.90 -45.45 (-7.63%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1733.25
KSB 873.90
Shakti Pumps (I) 549.90
Elgi Equipments 558.95
Kirloskar Pneumatic 1558.20
View more..

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