Shakti Pumps shares surge 5% on bagging Rs 114 cr work order from Maharashtra Energy Department Agency

June 12, 2025

Shakti Pumps (India) shares experienced a surge of 4.6% following the announcement of a significant order worth Rs 114.58 crore from the Maharashtra Energy Department Agency (MEDA). The order involves the supply and installation of 4,500 off-grid Solar Photovoltaic Water Pumping Systems under the PM-KUSUM scheme, to be completed within 90 days across Maharashtra.

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