SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shakti Pumps (India) invests Rs 13.16 crore in Shakti EV Mobility

17 Jan 2024 Evaluate

Shakti Pumps (India) has invested Rs 13.16 crore in its wholly owned subsidiary i.e. Shakti EV Mobility (formerly known as Shakti Green Industries) by subscribing to equity shares of nominal value of Rs 10. The consolidated investment is Rs 26.92 crore after subscribing aforesaid equity shares. The objective of investment is to initiate and expand the business of the wholly owned subsidiary.  

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

563.75 -0.85 (-0.15%)
04-May-2026 10:19 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1723.80
KSB 903.70
Shakti Pumps (I) 563.75
Elgi Equipments 552.90
Kirloskar Pneumatic 1544.90
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×