Introduction
Leading solar company has received a ₹1,037 crore order from Maharashtra State Electricity Distribution Company Limited to supply and install 34,720 off-grid DC solar water pumping systems across Maharashtra within one year under a government scheme.
Share price movement of Shakti Pumps
On August 13, 2025, Shakti Pumps India Ltd opened at ₹880.15, up 5.33% from its previous close of ₹835.55. The stock reached a high of ₹897.00 (3.54%) and a low of ₹857.05. By 10:22 AM, it traded at ₹866.35, a 3.69% increase, with a market cap of ₹10,690.58 crore.
Shakti Pumps Secures ₹1,037 Crore Order from MSEDCL
Shakti Pumps (India) Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 34,720 Off-Grid DC Solar Photovoltaic Water Pumping Systems under the Magel Tyala Saur Krushi Pump Yojana/PM KUSUM B.
The order involves design, manufacture, supply, transport, installation, testing, and commissioning of the solar water pumping systems. The total value of the project is ₹1,037 crore, inclusive of GST, and is to be executed within one year.
Installation will be completed within 60 days from the date of work order or JSR approval. The contract is domestic, awarded by MSEDCL, and does not involve any related party transactions or promoter group interest.
Recent news on Shakti Pumps
As of August 01, 2025, Shakti Pumps (India) Limited reported a 4.5% YoY profit rise to ₹96.8 crore, with revenue at ₹632 crore and EBITDA up 5.7% to ₹144 crore.
Ace investor holding in Shakti Pumps
Ramesh Chimanlal Shah holds a 2.34% stake in Shakti Pumps (India) Limited, owning 2,885,500 shares valued at ₹250.0 crore.
Stock performance of Shakti Pumps for Period of 1 week, 6 months, and 1 year
Shakti Pumps India Ltd delivered a 6.17% return over the past week, declined by 1.11% in the past six months, and gained 11.6% over the past year.
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Shareholding pattern of Shakti Pumps
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 50.30% | 51.60% | 51.60% |
| FII | 5.70% | 5.20% | 3.20% |
| DII | 6.40% | 4.30% | 5.30% |
| Public | 37.60% | 38.90% | 40.00% |
About Shakti Pumps
Shakti Pumps (India) Limited (NSE: SHAKTIPUMP), founded in 1982, manufactures solar pumps, stainless-steel submersible pumps, and related components, operating two facilities in Pithampur with a 500,000-unit annual capacity, exporting to over 100 countries.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Shakti Pumps (India) Limited share price going up today?
A: The company received a ₹1,037 crore order for 34,720 solar water pumping systems from MSEDCL.
Q: What does Shakti Pumps (India) Limited specialize in?
A: The company manufactures solar pumps, stainless-steel submersible pumps, and related components, exporting products to over 100 countries worldwide.
Q: How much stake do promoters hold in Shakti Pumps (India) Limited stock?
A: Promoters hold a 50.30% stake in Shakti Pumps (India) Limited as per the latest shareholding data.
