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CNBC TV1815-12-2025, 14:31

Shakti Pumps Rallies 34% in 3 Days on ₹539 Cr Order Wins

  • Shakti Pumps shares surged 34.2% over three trading sessions, including a 13.8% gain on December 15.
  • The stock snapped an eight-day losing streak on December 11, contributing to its recent rally.
  • The company secured two orders worth ₹24 crore and ₹71.25 crore on December 12 for solar water pumping systems.
  • Shakti Pumps also received a Letter of Empanelment for a ₹443.78 crore project from MSEDCL to supply 16,025 off-grid solar pumps.
  • High trading volumes were observed, with over 2 crore shares traded for three consecutive sessions, significantly above the 20-day average.

Why It Matters: New orders signal Shakti Pumps' strong growth, impacting its stock value.

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