Price Band Changed from 5% to 20%: Multibagger Solar Pumps Stock with Rs 1,655 Crore Order Book; Jumps 7.60% with Heavy Volume
The shares of the company saw a spurt in volume by more than 2.5 times on the BSE.
On Monday, shares of this multibagger solar stock hit a 7.6 per cent to Rs 920 per share from its previous closing of Rs 855.30 per share. The stock gave multibagger returns of 127.33 per cent from its 52-week low of Rs 391.52 per share. The shares of the company saw a spurt in volume by more than 2.5 times on the BSE. The stock’s price band is changed from 5 per cent to 20 per cent.
Shakti Pumps, a leading Indian manufacturer of pumps and motors for various applications like irrigation and domestic water supply, has been at the forefront of innovation with its well-regarded "Shakti" brand. Founded in 1982, they specialise in energy-efficient pumps, including solar options and manufacture a wide range of components in-house for complete solar pump solutions. Committed to sustainability and transforming agriculture, Shakti Pumps exports its products to over 100 countries and is India's first 5-star-rated pump manufacturer.
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The company has a market cap of over Rs 10,000 crore and as of March 31, 2025, the company has an unexecuted order book of Rs 1,655 crore. In Q4FY25, the company witnessed strong growth across key financial metrics. Revenue from Operations surged by 9.2 per cent YoY to Rs 665 crore, driven by robust order execution. Consequently, PAT witnessed a remarkable 22.2 per cent YoY growth to Rs 110 crore. This strong performance was further reflected in the FY25 results. Revenue jumped to Rs 2,516 crore, a substantial increase from Rs 1,371 crore in the same period last year, an increase of 84 per cent. Similarly, PAT soared to Rs 408 crore, a skyrocket of 187 per cent from Rs 142 crore in FY24.
FIIs bought 24,04,357 shares and increased their stake to 5.16 per cent in March 2025 compared to December 2024. The shares of the company have a PE of 26x, an ROE of 43 per cent and an ROCE of 55 per cent. The stock gave multibagger returns of 950 per cent in 2 years and a whopping 3,620 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.