Introduction

Leading pump manufacturer receives a ₹443.78 crore order from Maharashtra State Electricity Distribution Company for 16,025 off-grid solar water pumps under PM-KUSUM B Scheme, to be executed within 60 days.

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Share price movement of Shakti Pumps

On December 11, 2025, Shakti Pumps India Ltd opened at ₹551.30, up 0.06% from its previous close of ₹550.95. The stock reached a high of ₹646.45 (17.26%) and a low of ₹549.90 (-0.19%). By 3:40 PM, it traded at ₹618.40, a 12.24% increase, with a market cap of ₹7,630.93 crore.

Shakti Pumps Wins ₹443 Crore Solar Order

Shakti Pumps (India) Limited received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 16,025 off-grid DC solar water pumping systems under PM-KUSUM B Scheme.

The pumps include 3 HP, 5 HP, and 7.5 HP models. The total order value is ₹443.78 crore, inclusive of GST. The project will be executed within 60 days from the work order.

Shakti Pumps will handle design, manufacture, supply, transport, installation, testing, and commissioning of all pumps. The order aims to support Maharashtra’s solar agricultural water pumping initiatives.

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

Shakti Pumps India Ltd delivered a -11.0% return over the past week, a -43.7% decline over the past six months, and a -32.4% decline 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%	39%	39%

About Shakti Pumps

Shakti Pumps (India) Ltd (NSE: SHAKTIPUMP) manufactures pumps and motors for irrigation, horticulture, domestic, commercial, and industrial applications, offering advanced water pumping solutions with a well-established domestic and international brand 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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