Synopsis: Shakti Pumps Ltds share surged 17% today on receipt of a work order regarding the supply of water pumping system over the state of Maharashtra under the PM KUSUM scheme.

The shares of this company primarily engaged in manufacturing of pumps and motors of various kinds, to a wide range of applications such as irrigation, horticulture, domestic water supply, commercial and industrial applications, gained investor traction followed by a work order from Maharashtra State Electricity Distribution Company Limited.

With the market capitalization of Rs. 7,794.43 crore, Shakti Pumps Ltd’s share on Thursday made a day high of Rs. 646.45 per share, up by 17.3 percent from its previous day’s close price of Rs. 550.95 per share. The share has given a return of 1,244.73 percent over a p

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