Introduction:
Leading player in sustainable water management has secured over 400 orders for its newly launched solar-powered submersible pumping systems. These orders, spanning multiple countries, aim to enhance agricultural irrigation and renewable energy projects.
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Share price movement of Roto Pumps:
On December 9, 2024, Roto Pumps Ltd. opened at ₹299.00, up 5.97% from its previous close of ₹282.15. The stock reached a high of ₹320.00 (13.41%) and a low of ₹297.30. By 11:53 AM, it traded at ₹313.85, an 11.24% increase, with a market cap of ₹1,971.46 crore.
Roto Rudra secures global orders:
Roto Energy Systems Ltd., a subsidiary of Roto Pumps Ltd., has secured over 400 orders for its new Solar Submersible Pumping Systems, branded “Roto Rudra.” These orders span Australia, South Africa, and the Indian states of Chhattisgarh and Maharashtra.
The systems support agriculture, irrigation, and renewable energy projects. In South Africa, 100 units of Helical Rotor and Centrifugal Pumps with remote monitoring will be supplied, providing high efficiency and low power consumption, including models using just 1500 Wp for 200-meter borewell water pumping.
In Australia, Roto Rudra will deliver 100 solar-powered pumping units for agricultural use. Models RSSH 1.2-C and RSSH 1.4-D, operating at 1000 Wp and 1500 Wp, support various applications, including irrigation, livestock, and gardening, with dynamic heads up to 200 meters.
Recent news on Roto Pumps:
As of November 13, 2024, Roto Pumps Ltd. unveiled its innovative Roto Cake Pumps at IFAT 2024 in Mumbai. These pumps efficiently handle highly viscous liquids with high solid content, offering a clean, odourless solution for challenging wastewater applications.
Ace investor holding in Roto Pumps:
Amit Gupta
Amit Gupta holds a 1.15% stake in Roto Pumps Ltd., amounting to 360,666 shares valued at ₹11.3 crore. This significant investment reflects his confidence in the company’s growth and future prospects.
Stock performance of Roto Pumps for Period of 1 week, 6 months and 1 year:
Roto Pumps Ltd. has demonstrated strong performance, with a 9.78% return over the past week, 19.3% over six months, and an impressive 42.8% return over the last year, highlighting consistent growth and investor confidence.
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Shareholding pattern of Roto Pumps:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 66.60% | 67.30% | 67.30% |
| FII | 0.20% | 0.40% | 0.50% |
| DII | 0% | 0.00% | 0.00% |
| Public | 33.20% | 32.30% | 32.30% |
About Roto Pumps:
Roto Pumps Ltd. (NSE: ROTO), established in 1968, is a pioneer in manufacturing Progressive Cavity Pumps in India. The company offers efficient pumping solutions across industries such as wastewater, chemicals, food, and mining, and exports to over 50 countries.
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.
