By Debdeep Gupta | 07 Oct, 2024
Shakti Pumps hits 5% upper circuit as INDIA Ratings upgrades its long-term outlook
Shares of Shakti Pumps (India) were locked at a 5 percent upper circuit at Rs 2,845 per share on June 18 after the company announced that its long-term rating was upgraded by INDIA Ratings & Research.So far this year, shares of Shakti Pumps more-than-doubled over 178 percent, outperforming the benchmark Nifty 50 index that rose only by 8 percent during the same period."We are glad to inform you th...
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DalalStreetCalls_1 2024-07-24 09:20:52
The company seems attractive at this valuation as the average PE of this sector is 50. Also the company is well positioned to get all the benefits of this budget as a government plan pushing agriculture and the solar sector.
Login & Reply Like(0) Dislike(0) Repost SpamAnushmita1 2022-09-12 14:43:29
Shakti pump may deliver 30% profit within six months. Target 700 in few months
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