Shakti Pumps bags Haryana order under PM-KUSUM scheme worth ₹23.54 CrShakti Pumps bags Haryana order under PM-KUSUM scheme worth ₹23.54 Cr

Introduction

Leading renewable energy equipment manufacturer received a ₹23.54 crore work order from a state agency to supply 792 solar water pumping systems under PM KUSUM scheme.

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Share price movement of Shakti Pumps

On January 2, 2026, Shakti Pumps India Ltd opened at ₹742.75, up 0.47% from its previous close of ₹739.30. The stock touched a high of ₹746.70 (1.00%) and a low of ₹732.95. By 14:19, it traded at ₹740.70, a 0.19% increase, with a market capitalisation of ₹9,140.09 crore.

Shakti Pumps Wins Haryana Solar Order

Shakti Pumps (India) Limited received a work order from Haryana Renewable Energy Department for supplying 792 solar water pumping systems under PM-KUSUM Component-B across Haryana.

The order involves design, manufacture, supply, installation, testing, and commissioning of solar water pumping systems. The project will be executed within a stipulated period of 90 days.

The total value of the work order is ₹21.62 crore excluding GST, amounting to approximately ₹23.54 crore including GST, as disclosed under SEBI Regulation 30 requirements.

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

Shakti Pumps India Ltd delivered a 0.58% return over the past week. The stock declined 21.1% over the past six months and fell 37.2% over the past year.

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Shareholding pattern of Shakti Pumps

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	50.30%	51.60%	51.60%
FII	5.60%	5.10%	5.20%
DII	6.70%	4.80%	4.30%
Public	37.40%	38.50%	38.90%

About Shakti Pumps

Shakti Pumps (India) Ltd (NSE: SHAKTIPUMP) manufactures pumps and motors. It provides water pumping solutions for irrigation, horticulture, domestic supply, and industrial applications, with strong domestic and international market presence.

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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.

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