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.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader