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CARE reaffirms ratings assigned to bank facilities of Shakti Pumps

04 Oct 2016 Evaluate

Credit rating agency, CARE has reaffirmed ‘A2’ rating assigned to Shakti Pumps’ short-term bank facilities worth Rs 84.24 crore and ‘BBB+’ rating to long-term bank facilities worth Rs 85 crore. The rating agency has also reaffirmed ‘BBB+/A2’ rating of company’s long term/ short term bank facilities worth Rs 12 crore.

Shakti Pumps is engaged in manufacturing of energy efficient stainless steel submersible pumps, pump-motors, solar pumps and pressure booster pumps. Pumps manufactured by SPIL find application in irrigation, residential as well as industrial sectors.

Shakti Pumps (I) Share Price

564.60 3.40 (0.61%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1728.20
KSB 976.95
Shakti Pumps (I) 564.60
Elgi Equipments 553.90
Kirloskar Pneumatic 1505.35
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