Oswal Pumps bags Rs 119.92 Cr solar pump order under PM-KUSUM B scheme

Govt Defence OrderBusiness Updates View source PDF Explain this filing

OSWALPUMPS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹456.90

prior close

₹465.30

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+1.1% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector+0.2%+0.8% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.8 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+0.8

15m

+1.1

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.1+1.1+0.2+0.8

Next day

-1.5-0.4-1.0+0.5-2.0

-5.0-1.8-3.2-2.2-2.9

-7.0-4.4-2.6-4.7-2.3

-10.5-5.2-5.3-5.1-5.4

-7.4-3.7-3.7-3.3-4.1

-13.0-5.6-7.4-5.6-7.4

15d

-16.4-0.5-15.9-1.5-14.9

-26.7-0.2-26.6-0.8-25.9

-36.1-10.0-26.1-4.7-31.4

-14.3+0.9-15.3+10.8-25.1

UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Oswal Pumps secured an order worth Rs 119.92 Crore from Karnataka Renewable Energy Development Limited for 3,263 solar agriculture pumps under the PM-KUSUM B Scheme. The order covers 214 surface and 3,049 submersible pumps ranging from 3HP to 10HP, to be installed across Karnataka by March 31, 2026. Contract period runs up to five years from last installation.

Likely market impact

Positive for stock. Large government-backed order strengthens order book and marks entry into Karnataka solar pump market.