Hot Pursuit
Oswal Pumps Ltd. is currently trading at Rs 206.55, down 1.57%, while the stock has fallen 5.84% over the last week.
Oswal Pumps Limited has received an order valued at Rs 235.92 crore (including GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems under the PM-KUSUM B Scheme “Magel Tyala Saur Krishi Pump” Yojana, with installation to be completed within 60 days. The order, which encompasses design, manufacture, supply, transport, installation, testing, commissioning, warranty, repair and maintenance, and remote monitoring for 5 years, reinforces the company’s partnership with MSEDCL and supports Maharashtra's transition to sustainable agricultural infrastructure.
Trading volume reached 9.13 lakh shares today, a surge of 95.67% compared to the average volume over the last one week. Oswal Pumps Ltd plunged by 71.67% year-over-year, underperforming the 11.96% loss recorded by the NIFTY50 index.