Shakti Pumps shares plunge 8% following weak September quarter profits
Published on: Nov. 10, 2025, 11:18 a.m. | Source: The Economic Times
Shakti Pumps shares dropped 8.1% after reporting weaker Q2 profits despite modest revenue growth and rising solar pump installations. The companys export business showed strength, with healthy order inflows and global demand. However, declining margins and bearish technical indicators suggest short-term pressure on the stock despite a strong long-term growth pipeline.
