India's Shakti Pumps rises after 124 million rupee order win

Shakti Pumps (India)

03/04/2025 10:34

** Shares of Shakti Pumps (India) Ltd SHPU.NS rise as much as 4.3% to 1,011 rupees
** Co gets order from Maharashtra Energy Department for 445 solar photovoltaic water pumping system at 124.4 million rupees ($1.5 million)
** Stock on track to gain for 2nd straight day
** Over 216,000 shares traded as of 2:58 p.m. IST, more than half their 30-day moving avg
** SHPU last up 2.6%, cutting YTD losses to 9.2%

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))