8 months ago
Shakti Pumps Stock Down 49% from Record High
Shakti Pumps is a company that makes different kinds of pumps for homes, industries, and farms.
Their stock price has gone down by 49% from its highest point this year, but it has also gone up by 24% in the last two weeks.
The company has big plans to grow, like doubling how many pumps they make and setting up new production lines.
Some experts think the stock could go up to Rs 1,050.
The company is also expecting to make a lot more money next year.
Even though the stock has gone down, it's not as low as it was a year ago, and it's not too high either, which means it might be a good time to buy or sell.
Shakti Pumps stock is down 49% from its record high of Rs 1,398 on January 9, 2025.
The stock has recovered 24% in two weeks, indicating a short-term rebound.
The company has gained 334% in two years and 991% in three years.
Shakti Pumps has a market cap of Rs 8,809 crore and an order book of Rs 1,350 crore.
Anand Rathi has set a price target of Rs 1,050, citing growth in the solar pump market and the company's expansion plans.
- Who
- Shakti Pumps India Limited
- What
- Stock price decline and potential recovery
- Where
- Indian stock market
- When
- Record high on January 9, 2025; current data as of Monday
- Why
- Market fluctuations and company growth prospects
Key facts
- Record High
- Rs 1,398 on January 9, 2025
- Current Price
- Rs 713.90 as of Monday
- Market Cap
- Rs 8,809 crore
- RSI
- 53.2 (Neither oversold nor overbought)
- 52 Week Low
- Rs 549 on December 10, 2025
- Price Target
- Rs 1,050 by Anand Rathi
- Order Book
- Rs 1,350 crore
- Revenue Target for FY2026
- Rs 3,000 crore
Quotes
Shakti Pumps (India) Limited
A company specializing in the manufacture of various types of pumps for domestic, industrial, and agricultural use, with exports to nearly 100 countries.
“Shakti Pumps (India) Limited has received a Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company Limited for 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme”
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