Ultra Motors Shakti Updates

Monday, 07 October 2024 09:33 PM Shakti Pumps announced a 5:1 bonus share issue, where every existing shareholder will receive five additional shares for each share they currently hold. This move has been well-received by the market, with the stock surging despite broader market pressures. I think this is a great way to reward loyal shareholders and could attract more investors.

Saturday, 27 April 2024 02:19 PM Shakti Pumps has expanded its order book with new orders worth Rs. 250.62 crores from Haryana and Maharashtra. The company also approved investments of Rs. 114.3 crores in Shakti EV Mobility over the next five years. This investment highlights their commitment to electric vehicle technology. I believe this strategic move will position them strongly in the EV market.

Saturday, 27 April 2024 09:07 AM Shakti Pumps has been granted a patent for their groundbreaking invention of the Stack Assembly for Permanent Magnet Rotor, which is expected to revolutionize the performance and efficiency of electric vehicles. This innovation underscores their R&D strength and commitment to technological advancement. I think this patent will be a game-changer for their EV products.

Saturday, 27 April 2024 07:05 PM Shakti Pumps reported a significant increase in revenue and profits for the financial year 2024, with revenue from operations growing by 41.7% and PAT margins increasing to 10.3%. This growth is attributed to their focus on solar energy solutions and government-backed initiatives. I believe their financial performance is a testament to their strategic focus on renewable energy.

Monday, 01 May 2023 10:50 PM Shakti Pumps commenced operations in Uganda to supply solar-powered water pumping systems. This international expansion highlights their growing global presence and commitment to renewable energy solutions. I believe this move will help them tap into new markets and contribute to global sustainability efforts.

Tuesday, 22 March 2022 06:59 PM Shakti Pumps was awarded for its micro smart pump innovation, funded under a low-carbon technology project. This award recognizes their innovative approach to energy-efficient solutions. I think such innovations are crucial for sustainable development.

Tuesday, 21 December 2021 09:56 PM Shakti Pumps has ventured into the electric vehicle motor segment, with Shakti EV already catering to the two-wheeler and three-wheeler segments. They are in the process of testing and developing other products. This expansion into EV motors is a significant step for the company. I think its a smart move given the growing demand for electric vehicles.

Saturday, 26 October 2013 09:21 PM Shakti Pumps launched a new product range, including advanced solar energy-operated pumps. This launch is part of their ongoing efforts to enhance their product lineup and meet growing demand for renewable energy solutions. I believe these new products will further solidify their market position.