Shakti Pumps bags Rs. 235.92 Cr order from Maharashtra DISCOM for 10,000 solar pumps

Government or 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

+7.7%Reaction day

₹468.00

prior close

₹506.90

announcement price

After-mkt

timing

Nifty Microcap 250market-0.2%+7.9% vs market

Compressors Pumps & Diesel Engines peers, median of 14sector-0.2%+7.9% vs sector

On the reaction day the stock moved 7.9 pts more than Nifty Microcap 250 and 7.9 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

+3.0

10m

+2.2

15m

+0.8

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+7.7-0.2+7.9-0.2+7.9

Next day

+5.4-0.1+5.5-0.3+5.7

+1.4-3.4+4.7-3.1+4.5

-1.0-3.5+2.5-4.1+3.1

-0.9-2.7+1.8-3.4+2.6

-1.5-1.1-0.4-1.3-0.1

+0.1-0.8+0.9-2.5+2.7

15d

-5.5-2.9-2.7-5.2-0.3

-11.0-3.5-7.5-5.7-5.3

—————

UpDownMarket · Nifty Microcap 250Sector · Compressors Pumps & Diesel Engines peers, median of 14Pending

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

AI summary

Shakti Pumps received a Letter of Empanelment from Maharashtra State Electricity Distribution Company for 10,000 Off-Grid Solar Photovoltaic Water Pumping Systems (3 HP, 5 HP, 7.5 HP). Order valued at Rs. 235.92 Crores inclusive of GST, under the Magel Tyala Saur Krushi Pump Yojana. Execution required within 60 days of work order. Domestic order with no related party interest.

Likely market impact

Large state government order boosts order book visibility; tight 60 day execution timeline may pose delivery and working capital pressure.