Shakti Pumps Share Price Swings After ₹539 Crore Solar Pump Orders; Oswal Pumps and GK Energy Also Win Big MSEDCL Contracts
Shakti Pumps (India) surged 45% in four sessions after winning solar irrigation orders worth ₹539 crore across Maharashtra, Madhya Pradesh, and Jharkhand. On December 17, the stock fell about 6% intraday as traders reacted to fresh MSEDCL contract news and a short-term surveillance tag. Oswal Pumps and GK Energy also secured major solar pump contracts, especially in Maharashtra.