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Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine

This week’s stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today included Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, TATA […]

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PM-KUSUM: Shakti Pumps Bags JREDA Order For 400 Solar Pumps

Indian solar pump manufacturer Shakti Pumps (India) Limited has received its first order from Jharkhand. The Jharkhand Renewable Energy Development Agency (JREDA) has given a Letter of Award (LOA) for 400 solar pumps at various locations across the state of Jharkhand. This contract was given under the Component-B of PM-KUSUM scheme. The total amount of […]

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Shakti Pumps Secures Order To Supply 12,537 Solar Pumps To UP

To boost the availability of solar water pumps throughout Uttar Pradesh (UP), the State Department of Agriculture has awarded a Letter of Intent (LoI) to Shakti Pumps. The Madhya Pradesh-based solar pump company received an order for 12,537 pumps to be supplied across the state under the Component B of the PM-KUSUM scheme (Phase-III). The […]

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Green Stocks Aug 1: Shakti Pumps, KPI Green See Highest Growths

On a day when the market couldn’t quite make a decisive move in any direction save for the small cap and midcap indexes, our green stocks pack mirrored the same as well. So even as large developers Adani Green Energy and Tata Power gained, JSW Energy shed some points. Among the pack of solar EPC’s, […]

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Shakti Pumps Plans To Go Bullish On PM-Kusum (Comp. C)

Buoyed by the benefits of grid-connected solar pumps, Indian solar pump company Shakti Pumps is now planning to go bullish towards Component C of PM-KUSUM scheme. Last year, the Ajmer discom awarded a project to Shakti Pumps to replace grid-connected pumps with grid-connected solar pumps to ensure supply of surplus solar power to the grid […]

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Green Stocks July 22: After Rise In Q1 Profits, Shakti Pumps Stock Price Grows 5%

A day ahead of the Union 2024 Budget, the green energy company witnessed gains in the stock market, with Shakti Pumps taking the lead with 5% gains, followed by Inox Wind Energy, SJVN, and Sterling and Wilson Renewable those stock prices grew by 3.72%, 2.24% and 2.78% respectively. This comes days after Shakti Pumps reported […]

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Financial Results: Shakti Pumps Reports Stunning Profits In Q1

Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […]

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