Shakti Pumps (India) surges most in 9 months on $24.8 million order win
10/09/2026 05:01
BUZZ-Shakti Pumps (India) surges most in 9 months on $24.8 million order win ** Shares of Shakti Pumps (India) SHPU.NS jump 11.39% to 518.50 rupees
** Stock on track for biggest intraday percentage gain since December 11, 2025
** Gains come after co received a letter of empanelment from Maharashtra State Electricity Distribution Company for an order worth 2.36 billion rupees ($24.77 million)
** Order is for manufacturing, supply, installation, and commissioning of 10,000 off‐grid solar photovoltaic water pumping systems for entire state of Maharashtra, the third largest in India
** YTD stock down 28%
($1 = 95.2825 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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