Shakti Pumps shares fell by 3.80%, trading at ₹4,374.40 as of 9:47 AM, ahead of the board of directors’ meeting scheduled today, October 7. The board is set to consider and approve a bonus issue, which has led to some market caution.
The stock has seen significant gains of over 200% in the past six months, and in September, the company paid a dividend of ₹4 per equity share to its shareholders. Investors are now closely watching the outcome of today’s meeting to gauge future movements.
Disclaimer: Stock market investments are subject to market risks. The information provided here is for informational purposes only and should not be considered as financial advice.
