Shakti Pumps (India) surges on 4.44 billion-rupee order

Shakti Pumps (India)

11/12/2025 07:33

** Shares of Shakti Pumps (India) SHPU.NS up 11.9% to 616.5 rupees

** Industrial machinery firm gets letter of empanelment from Maharashtra State Electricity Distribution Company for 16025 pumps worth 4.44 bln rupees ($49.2 mln)

** Shares were up about 6% before the news

** Stock on track to rise most in a session since Jan 30, 2024

** Snap set to snap eight straight sessions of losses

** About 5 mln shares traded, 9.5x their 30-day moving avg

** YTD, SHPU down ~42%

($1 = 90.2920 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436; ))