Oswal Pumps shares slide 5% on weak quarterly earnings

Oswal Pumps is a company that makes solar-powered water pumps.

It started trading on the stock market in June 2025.

Recently, the company told everyone how much money it earned in the first part of its financial year.

The news was not good.

The company made less money than it did the year before, and its profits dropped a lot.

Because of this, many people sold their shares.

The price of one share fell by about 5 percent in one day.

The company said it had to offer lower prices to win orders in Maharashtra, and its costs also went up.

Now the share price is much lower than it was last year.

Still, the company is planning to grow by building rooftop solar projects.