Shakti Pumps: With nearly 500% returns in a year, Shakti Pumps is riding a wave of its own. What lies ahead? - The Economic Times

2021-12-23 07:54:55 By : Mr. Mike Wang

Solar pumps and motor manufacturer Shakti Pumps gave multibagger returns over the past year. The company, benefiting from the shift to renewable energy, is aiming for INR5,000 crore revenue by 2025. There are some positives, but there are also some pertinent questions on how it will achieve this ambitious target. Besides, has the stock already peaked?

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