Roto Pumps’ shares saw an 11% increase after its subsidiary, Roto Energy Systems, secured over 400 orders for its newly launched Roto Rudra Solar Submersible Pumping Systems. These orders span Australia, South Africa, and India, bolstering the company’s position in sustainable water management.
In South Africa, Roto will deliver 100 advanced Helical Rotor and Centrifugal Pumps, designed for high efficiency with solar power. The systems can pump water from 200-meter borewells using just 1500 Wp of solar energy. 100 solar-powered pumps with dynamic heads up to 200 meters will assist agricultural demands in Australia.
In India, Roto Rudra secured significant orders in Chhattisgarh and Maharashtra. Chhattisgarh’s order includes 100 units of the RSSH 2.0-C model, capable of pumping 15,000 liters/day, while Maharashtra ordered 100 units of the RSSH 1.2-C, which pumps 7,800 liters/day.
Roto Pumps shares opened at ₹303.00, reaching a high of ₹320.00 and a low of ₹297.10 during the session. The stock’s 52-week high stands at ₹373.30, while the 52-week low is ₹149.10.
As of 12:10 pm, Roto Pumps shares were trading 11.45% higher at Rs 314.50 on the NSE.
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