Shares of Shakti Pumps rose more than 8% on Monday after the company announced it had received an order worth nearly Rs 354 crore to supply 15,000 solar photovoltaic water pumping systems from the Maharashtra State Electricity Distribution Company (MSEDCL).
Shakti Pumps shares jumped as much as 8.3% to Rs 621.9 on the NSE in Monday morning trade after the company announced a new order win.