As compared with Q2 FY22, the companys net profit and revenue are lower by 28.8% and 27.2%, respectively.
On the BSE, 51,565 shares were traded in the counter so far compared with average daily volumes of 12,075 shares in the past two weeks. The stock hit a low of Rs 636 so far during the day.
Shakti Pumps (India) makes energy-efficient pumps and motors. With a leading position in solar pump markets in India, Shakti exports a wide range of pumping products to over 100 countries globally.
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