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Shakti Pumps India board to incorporate subsidiary for business in EV Motor segment

Shakti Pumps is an India-based stainless steel pump manufacturer.

November 30, 2021 11:55 IST | India Infoline News Service
Shakti Pumps (India) Ltd has informed to the exchnages that the Board has approved the Incorporation of Wholly Owned Subsidiary Company to do Business in segment of EV Motor, EV charger, EV controller, Multi Application VFD for automobiles.

Shakti Pumps is an India-based stainless steel pump manufacturer.

At around 11:57 AM, Shakti Pumps (India) was trading at Rs620.60 apiece up by Rs0.4 or 0.06%.

The scrip opened at Rs638 apiece and has touched a high and low of Rs655 apiece and Rs616.75 apiece respectively during early trading deals on Tuesday. The current market cap of the company is Rs1,139.94cr.

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