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Shakti Pumps trades jubilantly on getting nod to incorporate wholly owned subsidiary

29 Nov 2021 Evaluate

Shakti Pumps (India) is currently trading at Rs. 632.20, up by 54.45 points or 9.42% from its previous closing of Rs. 577.75 on the BSE.

The scrip opened at Rs. 560.00 and has touched a high and low of Rs. 690.20 and Rs. 548.60 respectively. So far 29029 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 910.00 on 08-Jun-2021 and a 52 week low of Rs. 228.05 on 27-Nov-2020.

Last one week high and low of the scrip stood at Rs. 690.20 and Rs. 548.60 respectively. The current market cap of the company is Rs. 1160.80 crore.

The promoters holding in the company stood at 54.66%, while Institutions and Non-Institutions held 2.51% and 42.82% respectively.

Shakti Pumps (India) has received an approval for the incorporation of Wholly Owned Subsidiary Company to do Business in segment of EV Motor, EV charger, EV controller, Multi Application VFD for automobiles. The Meeting of Board of Directors of the company held on November 29, 2021, has approved the same.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Shakti Pumps (I) Share Price

559.00 -14.95 (-2.60%)
20-Apr-2026 14:34 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1747.50
KSB 989.95
Shakti Pumps (I) 559.00
Elgi Equipments 551.40
Kirloskar Pneumatic 1356.95
View more..

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