Today: 20 March 2026
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BSE:SHAKTIPUMP 17 December 2025

Shakti Pumps Share Price Swings After ₹539 Crore Solar Pump Orders; Oswal Pumps and GK Energy Also Win Big MSEDCL Contracts

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.

Stock Market Today

  • Saul Centers' Series D Preferred Stock Yield Surpasses 7.5% Amid Price Drop
    March 20, 2026, 3:27 PM EDT. Shares of Saul Centers Inc's 6.125% Series D Cumulative Redeemable Preferred Stock (BFS.PRD) traded at yields above 7.5% on Friday, reaching a low price of $20.41. This yield contrasts with an 8.16% average in the "Real Estate" preferred stock sector, according to Preferred Stock Channel. BFS.PRD was trading at a 17.36% discount to its liquidation preference, deeper than the sector's 15.38% average discount. On the day, BFS.PRD and common shares (BFS) declined by about 0.8% and 1.2%, respectively. The higher yield reflects market price softness relative to its fixed dividend and suggests investor caution amid sector dynamics.
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