Shakti Pumps bags Rs 23.98 Cr order for 1,200 solar pumping systems from Jharkhand

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SHAKTIPUMP · 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

+5.0%Reaction day

₹619.00

prior close

₹652.55

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+4.7% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector+0.5%+4.5% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 4.5 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

+0.4

10m

-0.6

15m

-1.1

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.0+0.3+4.7+0.5+4.5

Next day

+22.6+0.8+21.9+1.1+21.6

+25.0+0.1+24.9-0.3+25.3

+13.1-0.8+13.8-0.1+13.2

+17.1-1.1+18.2-0.4+17.5

+16.2+0.2+16.0-0.8+16.9

+17.8+1.6+16.2-0.4+18.3

15d

+19.0+2.5+16.5+1.0+18.0

+16.6-2.7+19.3-3.1+19.7

+5.8-0.3+6.1-1.2+7.0

-14.9-8.9-5.9-0.6-14.2

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

Shakti Pumps received its second order from Jharkhand. Jharkhand Renewable Energy Development Agency awarded a Letter of Award for 1,200 Solar Water Pumping Systems under Component-B of the PM-KUSUM scheme, valued at about Rs. 23.98 Crores inclusive of GST. Scope covers design, manufacture, supply, transport, installation, testing and commissioning at various locations in Jharkhand. Execution timeline is within 120 days from Notice to Proceed.

Likely market impact

Adds to order book from PM-KUSUM; second Jharkhand win supports near-term revenue visibility in solar pumps segment.