Oswal Pumps bags ₹120 crore order for 3,263 solar agriculture pumps in Karnataka
News by Aliceblue News Desk
14 Jan 2026
Introduction
Leading pump manufacturer secured a ₹119.92 crore order from Karnataka Renewable Energy Development Limited for 3,263 solar water pumping systems under the PM-KUSUM B Scheme.
Share price movement of Oswal Pumps
On January 14, 2026, Oswal Pumps Ltd opened at ₹456.05, down 0.17% from its previous close of ₹456.80. The stock reached a high of ₹477.15 (4.45%) and a low of ₹456.00. By 12:06 PM, it traded at ₹466.15, a 2.05% increase, with a market cap of ₹5,313.06 crore.
Oswal Pumps Secures ₹119.92 Crore Solar Order
Oswal Pumps Limited received an order from Karnataka Renewable Energy Development Limited under the PM-KUSUM B Scheme. The order is valued at ₹119.92 crore and was announced on January 14, 2026.
The order covers 3,263 solar water pumping systems of 3 HP, 5 HP, 7.5 HP, and 10 HP capacities. The company will handle design, manufacture, supply, installation, testing, and commissioning at farmers’ sites.
The project includes a five-year system warranty, repair, maintenance, and Remote Monitoring System integration. Installation and commissioning must be completed by March 31, 2026, supporting sustainable irrigation and renewable energy adoption in Karnataka.
Stock performance of Oswal Pumps for Period of 1 week, 1 month, and 6 months
Oswal Pumps Ltd declined 11.2% over the past week, fell 16.8% in the past month, and dropped 37.0% over the past 6 months.
Also Read: GTPL Hathway Q3 FY26: Stock rallies 13% after steady growth in profit and revenue
Shareholding pattern of Oswal Pumps
| Particulars | Sep 2025 | Jun 2025 |
| Promoter | 76% | 76% |
| FII | 3.80% | 4.40% |
| DII | 9.80% | 9.10% |
| Public | 10.80% | 10.80% |
About Oswal Pumps
Oswal Pumps Limited (NSE: OSWALPUMPS) is a leading solar pump manufacturer in India, providing turnkey solar pumping systems, submersible and monoblock pumps, electric motors, and solar modules.
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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 Oswal Pumps Limited share price rising today?
A: Oswal Pumps Limited received a ₹119.92 crore order from KREDL for 3,263 solar water pumping systems under the PM-KUSUM B Scheme.
Q: What is Oswal Pumps Limited’s main business focus?
A: Oswal Pumps Limited focuses on manufacturing and supplying turnkey solar pumping systems, submersible and monoblock pumps, electric motors, and solar modules.
Q: What is the 52-week high and low of Oswal Pumps Limited stock?
A: Oswal Pumps Limited stock has a 52-week high of ₹889.45 and a 52-week low of ₹450.95.
News Author
Aliceblue News Desk
