Shakti Pumps (India) has received approval for making the investments of Rs 114.29 crore in the Wholly Owned Subsidiary i.e. Shakti EV Mobility, in one or more tranches, in the next five years. The Board of Directors of the company at its Meeting held on October 11, 2023, has inter-alia, 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.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1712.70 |
| KSB | 888.25 |
| Shakti Pumps (I) | 548.45 |
| Elgi Equipments | 542.85 |
| Kirloskar Pneumatic | 1522.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: