Oswal Pumps wins Rs 180 Cr solar pump order from Maharashtra discom
OSWALPUMPS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.3 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.
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Oswal Pumps has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company for additional 6,500 off-grid DC solar photovoltaic water pumping systems worth about Rs 180 Crore including GST. The work covers design, supply, installation and 5 years of maintenance under the PM Kusum B scheme. Installation to be completed within 60 days of work order, with empanelment valid for one year.
Positive: large additional government order strengthens order book and supports FY26 revenue growth.