Last updated on December 19th, 2024 at 09:44 pm
Shakti Pumps, a leader in energy-efficient water pumps and solar pumping systems, is currently trading at ₹826.75. Known for its innovative approach and focus on sustainability, the company holds immense potential for long-term growth, aligning with India’s renewable energy goals.
About Shakti Pumps
Shakti Pumps (India) Ltd is a prominent manufacturer of submersible pumps, solar energy-based pumps, and advanced pumping solutions. The company has a strong export presence and contributes significantly to India’s agricultural and industrial sectors.
Company Details
- Founded: 1982
- Symbol: SHAKTIPUMP
- Headquarters: Pithampur, Madhya Pradesh
- Industry: Pumps and Solar Energy Solutions
- Key Products: Submersible Pumps, Solar Pumps, Industrial Pumps
- Global Reach: Over 125 countries
Promoter Details
| Promoter Name | Holding (%) |
|---|---|
| Dinesh Patidar | 46.6 |
| Other Institutional Holders | 22.4 |
| Public & Retail Investors | 31.0 |
Shakti Pumps Share Price Target 2024
Growth Drivers:
- Solar Energy Push: Government schemes promoting solar pumps in rural areas.
- Export Opportunities: Expanding market presence in international territories.
- Minimum Target: ₹900
- Maximum Target: ₹950
Shakti Pumps Share Price Target 2025
Key Factors:
- Innovations: New products catering to renewable energy sectors.
- Policy Support: Favourable government policies for the solar and agricultural sectors.
- Minimum Target: ₹1,050
- Maximum Target: ₹1,150
Shakti Pumps Share Price Target 2026 to 2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 1,200 | 1,350 |
| 2027 | 1,400 | 1,600 |
| 2028 | 1,700 | 1,900 |
| 2029 | 2,000 | 2,300 |
| 2030 | 2,400 | 2,700 |
Shakti Pumps Share Price Target 2035
By 2035, Shakti Pumps is expected to solidify its leadership in solar energy and eco-friendly technologies, contributing to both national and global sustainability goals.
- Minimum Target: ₹3,200
- Maximum Target: ₹3,800
Shakti Pumps Share Price Target 2040
Shakti Pumps’ long-term success will depend on its ability to stay ahead in innovation, expand its global footprint, and maintain profitability in a competitive environment.
- Minimum Target: ₹4,500
- Maximum Target: ₹5,500
Shakti Pumps is well-positioned to benefit from India’s renewable energy revolution and the global push for sustainability. Its consistent focus on innovation and quality makes it an attractive choice for long-term investors.
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