Shakti Pumps India manufactures and supplies solar pumps and motorised pumps
For the entire financial year 2020-21 (FY21), Shakti Pumps posted a consolidated net profit of Rs 75.59 crore as against a net loss of Rs 14.08 crore in FY20
Jindal Stainless Hisar (JSHL) reported an over three-fold jump in its consolidated net profit at Rs 350.65 crore for the quarter ended March 31, 2021, mainly on account of increased income
While presenting the Budget for 2020-21, Finance Minister Nirmala Sitharaman said that 2 million farmers would be provided funds to set up grid-connected 1.5 million solar pumps.
The stock up 6% to Rs 552 on the BSE in noon deal after Vintex Tools Private Limited, promoter of the company, bought 10,194 shares through open market today
The stock hit a new high of Rs 576, up 8% on BSE in noon deal, after the company reported more than four-fold jump in its consolidated net profit at Rs 167 million in Q3FY18.
The company reported net profit of Rs 11 crore in Q4FY17 against Rs 22 lakh in year ago quarter.
The stock soared 17% to Rs 149 in intra-day trade on BSE, surging 54% from Rs 97 on February 26.