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HomeSTOCKS2130 Pumps Order From Haryana Renewable Energy Department; Know Target Price

2130 Pumps Order From Haryana Renewable Energy Department; Know Target Price

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Shakti Pumps (India) Ltd (NSE: SHAKTIPUMP): There’s a drop in share prices of Shakti Pumps, a firm that makes a range of submersibles designed for industrial and domestic purposes to this day. 

With the dramatic fall across the world on Wednesday the stock was also viewed as functioning with a decline of 4.95 percent. This week, selling pressure can be seen in the midcap and small-cap stocks.

In the past few years, there has been a huge increase in the stock and investors have been able to make an enormous amount of money out of the stock. 

Over the last six weeks, Shakti Pumps shares have experienced a growth of more than 50 percent. 

At the same time, Shakti Pumps has provided greater than 180 percent in returns over the past year. 

This means that the company has provided more than two-and-a-half times the returns over a year.

The company on Wednesday released many details about the exchange. The company claims that it received the order in the form of KUSUM-3. 

They have received an order from the Haryana Renewable Energy Department (HAREDA).

The company announced it was given an order from HAREDA to purchase 2130 pumps. The total amount of this order is 73.32 crore. The company’s orders will be fulfilled in 120 days.

About Shakti Pumps (India) Ltd

Shakti Pumps (India) Limited is a company based in India. They are involved with the manufacturing of pumps, motors, as well as spare parts for them. 

The products offered by the company comprise Submersible pumps Vertical Multistage centrifugal Pumps, Shakti Solar Open well-DCSOP Series, Solar Pumps, Monoblock End Suction Pumps and Wastewater Pumps, Pressure Booster Pumps, Openwell Pumps, Immersible Pump, Shallow Well and Slow Speed Pumps, Multistage single shaft Pump – RO Series, and many more. 

It provides advanced water pumping solutions for many different applications like irrigation and the supply of water to homes and horticulture, as well as industrial and commercial uses. 

The products offered by the company include industrial, agricultural including irrigation such as pressure boosting for high-rise structures as well as waste and sewage water treatment as well as urban or rural community water supply systems as well as firefighting. 

The total operating revenue of the company is 923.36 crores, and capital invested in equity is 18.38 crores.

Fundamental Analysis of Shakti Pumps (India) Ltd

Market Cap₹ 2,122 Cr.
Current Price₹ 1,157
52-wk High₹ 1,604.30
52-wk Low₹ 388 
Stock P/E39.17
Book Value₹ 229
Dividend0.17 %
ROCE10.4 %
ROE5.95 %
Face Value₹ 10.0
P/B Value5.06
OPM11.1 %
EPS₹ 29.5
Debt₹ 136 Cr.
Debt to Equity0.32

Shakti Pumps (India) Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹1100₹1300
2025₹1321₹1358
2026₹1387₹1425
2027₹1489₹1545
2028₹1600₹1648
2029₹1748₹1847
2030₹1900₹2000
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Shakti Pumps (India) Ltd Shareholding Pattern

Promoters Holding
Dec 202255.95%
Mar 202356.14%
June 202356.22%
Sept 202356.22%
Dec 202356.22%
FII Holding
Dec 20220.36%
Mar 20230.35%
June 20230.39%
Sept 20230.64%
Dec 20230.49%
DII Holding
Dec 20220.00%
Mar 20230.00%
June 20230.15%
Sept 20230.22%
Dec 20230.31%
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Public Holding
Dec 202243.68%
Mar 202343.53%
June 202343.23%
Sept 202342.93%
Dec 202343.00%

Shakti Pumps (India) Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 544 Cr
2020₹ 383 Cr
2021₹ 930 Cr
2022₹ 1,179 Cr
2023₹ 944 Cr

Last 5 Years’ Net Profit:

2019₹ 45 Cr
2020₹ -14 Cr
2021₹ 76 Cr
2022₹ 65 Cr
2023₹ 54 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.58
20200.7
20210.26
20220.27
20230.18

Last 10 Years’ Profit Growth:

10 Years:4%
5 Years:-7%
3 Years:55%
Current Year:24%

Last 10 years’ Return on Equity (ROE):

10 Years:12%
5 Years:12%
3 Years:15%
Last Year:6%

Sales Growth Over 10 Years:

10 Years:17%
5 Years:17%
3 Years:36%
Current Year:-19%

Conclusion

This article is a complete guide about Shakti Pumps (India) Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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