Fundamental Radar: What makes Shakti Pumps a constructive bet in the pump manufacturing space? Parth Shah explains
Therefore, the current macro situation, a healthy order book, and rising government support towards the sector makes the brokerage constructive on Shakti Pumps.
Synopsis
Having decades of experience in the pumping industry and fetching a dominant position in the domestic solar pumping industry, the company also holds a 40% market share in the PM-KUSUM scheme, the government’s visionary program to embrace solar power for the agriculture sector.
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