Synopsis: Oswal Pumps Ltd received a Rs. 380 crore order from MSEDCL to supply and install 13,738 solar water pumping systems under the PM Kusum B Scheme, including full warranty, maintenance, and RMS support, to be executed within one year.

This company has steadily expanded its capabilities, including in the renewable energy space through solar pump installations under various government schemes is now in the focus after securing an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL).

With market capitalization of Rs. 6,073 cr, the shares of Oswal Pumps Ltd are currently trading at Rs. 533 per share, jumping nearly 8% in today’s market session, making a high of Rs. 537.75, from its previous close of Rs. 498.90 per share.

About the order

Oswal Pumps Limite

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