Indore, December 31, 2025 (Wednesday): Shares of Shakti Pumps (India) Limited traded higher in early deals on Wednesday, gaining 3.59 percent to ₹725, compared with the previous close of ₹699.85.
The stock opened at ₹704.25 and moved between an intraday high of ₹726.55 and a low of ₹704.25 during the session. The volume-weighted average price (VWAP) stood at ₹715.57, indicating active trading interest.
The upward movement in the stock coincided with the company receiving a new work order from Madhya Pradesh Urja Vikas Nigam Limited for the supply of 4,840 stand-alone off-grid DC solar photovoltaic water pumping systems across the state of Madhya Pradesh.
The total value of the order is ₹170.25 crore, inclusive of GST, with execution scheduled to be completed within 120 days. The scope of work covers design, manufacture, supply, transportation, installation, testing, and commissioning of the solar pumping systems.
Order Details
| Particulars | Details |
|---|---|
| Awarding Authority | Madhya Pradesh Urja Vikas Nigam Limited |
| Order Type | Stand-alone off-grid DC solar water pumping systems |
| Quantity | 4,840 units |
| Order Value | ₹156.34 crore; ₹170.25 crore including GST |
| Execution Timeline | Within 120 days |
| Project Location | Madhya Pradesh |
About the Company
Shakti Pumps (India) Limited manufactures energy-efficient pumping solutions for agricultural, industrial, and domestic applications, with a focus on solar-powered pumping systems. The company’s shares are listed on Indian stock exchanges.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.