Shakti Pumps is primarily engaged in the manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications such as irrigation, horticulture, domestic water supply, and commercial and industrial applications. Its brand "Shakti" is well-received in the domestic and international markets.
The company has a ROCE of 10.7 per cent and an ROE of 5.95 per cent with a market capitalisation of Rs 1,582 crore. In the last three years, the shares of the company have delivered multibagger returns of over 300 per cent returns.
Investors should keep a close eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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