This stock rallied over 400% in 12 months, hit 52-week high today
The small-cap share has delivered more than 400 per cent returns to its shareholders in the last 12 months. The share stood at Rs 139.65 on May 20, 2020. It has zoomed to Rs 742.65 today, translating into gains of 431 per cent during the period
BusinessToday.In | May 20, 2021 | Updated 17:09 IST
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Share of Shakti Pumps rose 20 per cent to hit a fresh 52-week high of Rs 742.65 in today s intraday session on BSE after the company reported a consolidated net profit of Rs 30.5 crore for the quarter ended March 31 against a net loss of Rs 6.15 crore in Q4 FY20.
Nifty, Sensex may suffer a mild correction – Tuesday closing report
Moneylife Digital Team
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We had mentioned in Monday’s closing report that Nifty, Sensex resumed their upmove. On Tuesday, the major indices opened higher but lost all gains and ended lower. On the NSE, there were 829 advances, 1,056 declines and 89 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
The government has shortlisted four mid-sized state-run banks - Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India - for privatisation, under a new push to sell state assets and shore up government revenues, according to media sources.
Shakti Pumps India Ltd to close subsidiary in Australia
Posted On: 2021-02-16 04:39:01 (Time Zone: Arizona, USA)
Shakti Pumps India Ltd has announced about the closure of one of its Wholly Owned Subsidiary viz. Shakti Pumps Pty Ltd, Australia. The closure of Wholly Owned Subsidiary Company will be completed after the completion of formalities of Australian Government.
Shares of SHAKTI PUMPS (INDIA) LTD. was last trading in BSE at Rs.524.95 as compared to the previous close of Rs. 554.55. The total number of shares traded during the day was 23459 in over 1296 trades.
The stock hit an intraday high of Rs. 570 and intraday low of 519.35. The net turnover during the day was Rs. 12667775.