Shakti Pumps India, known for solar pumps and EV motors, is currently experiencing a market correction. Despite a recent dip, institutional investors are showing strong support. A ₹292 crore QIP was raised to fund a new solar cell plant. Experts highlight Shakti’s dominance in the PM Kusum Yojana and diversification into EV motors.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to