SSPL WEALTH PVT LTD

Friday 17 May, 2024 01:31 PM

Vedanta jumps after board OKs raising Rs 8,500 cr; announces dividend of Rs 11/ share BSE SME Piotex Industries jumps on listing day Alkem Laboratories Ltd soars 1.6%, rises for third straight session Zydus Lifesciences Ltd spurts 2.36%, rises for third straight session Sanofi India Ltd spurts 2.57%, up for third straight session Hindustan Zinc Ltd soars 2.69%, rises for third straight session Radico Khaitan Ltd rises for third straight session Welspun Corp Ltd soars 0.89%, gains for fifth straight session APL Apollo Tubes Ltd soars 3.49%, rises for fifth straight session Kotak Mahindra Bank Ltd spurts 1.26%, gains for five straight sessions BSE SME Aztec Fluids & Machinery heats up on listing Restaurant Brands Asia Q4 net Loss widens to Rs 92 cr NSE SME Premier Roadline makes a firm debut KIMS Hospitals declines after Q4 PAT falls nearly 30% YoY to Rs 65 crore CONCOR spurts as Q4 PAT grows 13% YoY to Rs 317 cr

Saravan Stocks

Company News

Shakti Pumps (India) Ltd

Shakti Pumps invests above Rs 5 cr in subsidiary

Apr 24,2024 Hrs IST

Shakti EV Mobility (formerly known as Shakti Green Industries) is a wholly owned subsidiary of the company. It manufactures electric vehicle motors for two wheeler, three wheeler, four wheeler, special purpose electric vehicle motor & for other purpose and manufactures chargers for electric vehicle.

The promoter company invested in Shakti EV Mobility to initiate and expand the business of the subsidiary.

The investment shall be made in consideration of equity shares.

Shakti Pumps (India) is a manufacturer of stainless-steel pumps & energy efficient motors. The company holds dominating position in domestic solar pumps industry with more than 35% market share in KUSUM scheme.

The company reported consolidated net profit of Rs 45.2 crore in Q3 FY24 which is steeply higher than Rs 11.2 crore posted in Q3 FY23. Revenue from operation jumped 57% YoY to Rs 495.62 crore recorded in the third quarter of FY24.

The scrip rallied 5% to ends at Rs 1771.20 on Tuesday, 23 April 2024.

Attention Investors :

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.

Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Email ID: info@ssplwealth.com Customers grievances : grievances@ssplwealth.com Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com, Mobile No: 7305522205

Hit Count : 32648817

Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified)