Shakti Pumps (India) Limited
NSE: SHAKTIPUMP | Information Technology
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Stock Intelligence & News
Shakti Pumps shares tumble 7% as Q4 profit drops 65% YoY
Shakti Pumps saw revenue climb significantly. However, costs rose sharply, impacting profits. Earnings per share dropped considerably. Despite this, the board proposed a dividend. The company's stock has fallen over the past year. Institutional investors have reduced their holdings, indicating a cautious market sentiment.
Read Full Analysis →Shakti Pumps shares tumble over 8% as Q4 profit falls
Margin pressure and high costs hit bottomline
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