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Shakti Pumps India share price rises 5% on ₹350 crore order

Shakti Pumps India shares rose 5% after securing a ₹353.89 crore order from MSEDCL for 15,000 solar pumping systems. This contract is expected to enhance revenue and strengthen the company's market position in renewable energy.

after close1 source ↓written by the desknot a recommendation

on the NSE
5%
order from Maharashtra
₹353.89 crore
under the Maharashtra
15,000 off-grid solar pumping systems

Shakti Pumps India shares surged 5% on the NSE after securing a ₹353.89 crore order from Maharashtra State Electricity Distribution Company (MSEDCL). The contract involves supplying 15,000 off-grid solar pumping systems under the Maharashtra government's initiative.

This order is expected to enhance the company's revenue and strengthen its position in the renewable energy sector, potentially boosting investor sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Jul 2026, 16:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SHAKTIPUMP closed −0.6% on the day of the news, from ₹599.55 to ₹596.00; Nifty −0.1% over the same session.

Bulletin at 16:13 IST on 6 Jul 2026. Every change is measured from ₹599.55, the last close before it, on 6 Jul. Nifty 50 is measured over the same sessions.

  • SHAKTIPUMP close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SHAKTIPUMP closes around the bulletin against the close before the news, with Nifty 50 rebased to it525.69599.55673.41axis spans 28%before the news · 6 Jul599.55Nifty 50SHAKTIPUMPbulletinD0+1+3+530 Jun10 Jul21 JulReference close ₹599.55. 16 sessions from 30 Jun to 21 Jul; the price axis spans 28 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before6 Jul₹599.55basebase
On the day7 Jul₹596.00▼ −0.6%▼ −0.1%−0.5 pp difference
+1 session8 Jul₹566.65▼ −5.5%▼ −2.2%−3.3 pp difference
+3 sessions10 Jul₹579.25▼ −3.4%▼ −0.9%−2.5 pp difference
+5 sessions14 Jul₹555.55▼ −7.3%▼ −1.6%−5.8 pp difference
Gap at the open, % · ₹
▲ +1.3%+7.97 on 7 Jul
Day's range, % · ₹
3.9%≈ 23 high to low
Volume on the day
1.17×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · SHAKTIPUMP on the desk →

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