Shakti Pumps (India) Limited saw a notable 3% jump in its stock price today after securing a major work order worth Rs. 116.36 Crores (including GST) from the Haryana Renewable Energy Department (HAREDA).
The order, under Component-B of the PM-KUSUM scheme, involves the supply, installation, and commissioning of 3,174 solar water pumping systems. This significant contract highlights Shakti Pumps’ growing role in India’s renewable energy sector, boosting investor confidence in the company’s future prospects.
As of 9:52 am, Shakti Pumps shares were trading 3.03% higher at Rs 4,732.00 on the NSE.
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