Pumps News

Markets

Shakti Pumps stock gains another 18% to touch new all-time high, up 264% in less than a year; what's behind the rally?

Shakti Pumps stock has gained 44% in the current month so far and has consistently shown an upward trend since March 2023, delivering a remarkable return of 264% in less than a year. Shakti Pumps reported its highest ever revenue and profitability in Q3FY24.

2 min read30 Jan 2024
Companies

Shakti Pumps India Q3 FY24 Results Live : profit rise by 301.83% YOY

Shakti Pumps India Q3 FY24 Results Live : Revenue increased by 57.73% YoY & profit increased by 301.83% YoY

1 min read28 Jan 2024
Markets

Shakti Pumps share price jumps over 14% on bagging ₹293 crore worth order from UP government

Shakti Pumps India announced that it received an order from the Uttar Pradesh government for 10,000 pumps.

1 min read15 Sep 2023
Markets

Shakti Pumps share price locked in 20% upper circuit following order win of ₹358 crore

Shakti Pumps news: Shakti Pumps shares surge 20% after winning a work order worth ₹358 crore; stock hits new 52-week high.

1 min read30 Aug 2023
Markets

Small cap stock recommends 157.50% dividend and 1:1 bonus share, FIIs stake rally to 7.47% in Q4

Roto Pumps is a small cap company that recorded a market cap of ₹1,056.08 Cr during Tuesday's closing session.

1 min read23 May 2023
News

New petrol pumps to be at least 50 metres away from schools, hospitals, houses

The oil companies have been directed to also install vapour recovery systems (VRS) at new fuel stations by Central Pollution Control BoardAll multi-product dispensers at the petrol pumps shall have emergency stop button, said the authorities

2 min read16 Jan 2020
Opinion

Opinion | Fuel pumps to enter the 21st century

What fuel pumps need clarity on, is what charging formats would be needed for EVs—and, crucially, how long a vehicle would need to stay parked for thisThe norms are in sync with the govt’s effort to push automakers towards environment-friendly modes of mobility

1 min read27 Nov 2019
Opinion

Opinion | To prime new pumps

Demand for motor fuels has been rising at a fast clip, and though electric vehicles are touted as the future, classic old petrol pumps will be around so long as fossil-fuel vehicles are still road-worthy

1 min read7 Aug 2019
Companies

Drug regulator warns of hacking risk in Medtronic insulin pumps

The potential risks are related to the wireless communication between Medtronic's Minimed insulin pumps and other devices such as blood glucose meters, the remote controller and CareLink USB deviceCDSCO urges healthcare providers and patients to remain vigilant and not share their pump serial number

2 min read3 Jul 2019
Industry

Adding over 78,000 petrol pumps is uneconomical, says Crisil

Crisil report says there is only room for less than half, i e about 30,000 fuel pumps, if the pumps are to maintain current throughput levelsOver 80% of the petrol pumps are attached with convenience stores to keep the pump economics favourable amid slowing fuel demand

4 min read20 Jun 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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