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Oswal Pumps stock surges 3% after bagging ₹180 Cr MSEDCL order

News by Aliceblue News Desk

24 Dec 2025

Oswal Pumps stock surges 3% after bagging ₹180 Cr MSEDCL order

Introduction

Leading renewable energy company secured a Rs. 180 crore order from Maharashtra State Electricity Distribution Company to supply and install 6,500 off-grid solar water pumping systems under PM Kusum B Scheme.

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Share price movement of Oswal Pumps

On December 24, 2025, Oswal Pumps Ltd opened at ₹532.40, up 0.31% from its previous close of ₹530.75. The stock reached a high of ₹549.80 (3.54%) and a low of ₹532.40. At 11:56 AM, it traded at ₹544.35, a 2.56% increase, with a market capitalization of ₹6,204.36 crore.

Oswal Pumps Secures Rs. 180 Crore Solar Order

Oswal Pumps Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 6,500 Off-Grid DC Solar Photovoltaic Water Pumping Systems under PM Kusum B Scheme.

The order includes design, manufacture, supply, transport, installation, testing, and commissioning of SPWPS of 3HP, 5HP, and 7.5HP capacities at farmer sites in Maharashtra.

The contract value is approximately Rs. 180 crore, including GST. Installation must be completed within 60 days from NTP or work order, with a five-year system warranty and remote monitoring support.

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

Oswal Pumps Ltd declined 1.30% over the past week, fell 7.53% over the past month, and decreased 23.5% over the past six months.

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Shareholding pattern of Oswal Pumps

ParticularsSep 2025Jun 2025Mar 2025
Promoter75.70%75.70%75.70%
FII3.80%4.40%4.20%
DII9.80%9.10%9.20%
Public10.80%10.80%10.90%

About Oswal Pumps

Oswal Pumps Ltd (NSE: OSWALPUMPS), incorporated in 2003, is a leading Indian manufacturer of solar and electric pumps, motors, and solar modules, offering turnkey solar pumping systems under the PM Kusum Scheme.

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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 Ltd share price going up today?

A: Oswal Pumps Ltd share price rose after receiving a Rs. 180 crore order for 6,500 off-grid solar water pumping systems.

Q: What does Oswal Pumps Ltd specialize in?

A: Oswal Pumps Ltd specializes in manufacturing solar and electric pumps, motors, and providing turnkey solar pumping systems under the PM Kusum Scheme.

Q: What is the market capitalization of Oswal Pumps Ltd?

A: Oswal Pumps Ltd has a market capitalization of ₹6,204.36 crore as of December 24, 2025.

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