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Shakti Pumps secures order from JREDA for solar pump systems

Shakti Pumps (India) Limited received a ₹21 crore order from Jharkhand Renewable Energy Development Agency for 1,000 off-grid solar water pumping systems under PM-KUSUM.

Introduction

Leading renewable energy solutions provider secures a ₹21 crore order from Jharkhand Renewable Energy Development Agency for 1,000 off-grid solar water pumping systems under the PM-KUSUM scheme.

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Share price movement of Shakti Pumps

On December 30, 2025, Shakti Pumps India Ltd opened at ₹712.00, down 0.18% from its previous close of ₹713.30. The stock reached a high of ₹712.00 (–0.18%) and a low of ₹696.70 (–2.31%). By 3:31 PM, it traded at ₹698.25, a 2.11% decrease, with a market cap of ₹8,616.26 crore.

Shakti Pumps Secures ₹21 Crore Jharkhand Order

Shakti Pumps (India) Limited has received its third order from Jharkhand Renewable Energy Development Agency (JREDA). The order is for 1,000 stand-alone off-grid solar water pumping systems under PM-KUSUM.

The total order value is Rs. 21.00 crore, inclusive of GST. The contract includes design, manufacture, supply, transport, installation, testing, and commissioning of the solar pumping systems across Jharkhand.

The project is to be completed within 120 days from the date of the notice to proceed. The order was awarded by a domestic entity, focusing on renewable energy development in the state.

Stock performance of Shakti Pumps for Period of 1 week, 6 months, and 1 year

Shakti Pumps India Ltd declined 2.71% over the past week, fell 24.6% in the past six months, and dropped 31.9% over the past year.

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Shareholding pattern of Shakti Pumps

ParticularsSep 2025Jun 2025Mar 2025
Promoter50.30%51.60%51.60%
FII5.60%5.10%5%
DII6.70%4.80%4.30%
Public37.40%38.50%38.90%

About Shakti Pumps

Shakti Pumps (India) Ltd (NSE: SHAKTIPUMP) manufactures pumps and motors for irrigation, horticulture, domestic, commercial, and industrial use. Its “Shakti” brand is recognized in both domestic and international markets.

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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) Ltd share price in focus today?

A: Shakti Pumps (India) Ltd share price is in focus after receiving a ₹21 crore order from Jharkhand Renewable Energy Development Agency.

Q: What does Shakti Pumps (India) Ltd specialize in?

A: Shakti Pumps (India) Ltd specializes in manufacturing pumps and motors for irrigation, domestic, commercial, and industrial water applications.

Q: What is the 52-week high and low of Shakti Pumps (India) Ltd stock?

A: The 52-week high of Shakti Pumps (India) Ltd stock is ₹1,398.00, and the 52-week low is ₹549.00.

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