2:1 Stock Split & 1:1 Bonus Share: Pump Manufacturer Unveils Innovative Cake Pumps for Efficient Pumping of Sludge Cake at IFAT 2024
The stock is up by 72 per cent from its 52-week low of Rs 150.23 per share and gave multibagger returns of 650 per cent in 5 years.
Roto Pumps Ltd. (BSE: 517500, NSE: ROTO), a globally recognized Indian multi-national leader of Positive Displacement pumps with over five decades of fluid engineering excellence successfully unveiled its latest product the Roto Cake Pumps at IFAT 2024, held from October 16, 2024 to October 18, 2024 at the Bombay Exhibition Centre, Mumbai. The much-anticipated product launch marks a major milestone in the company's mission to deliver high-efficiency pumping solutions for the most challenging wastewater industry applications.
The Roto Cake Pumps offer a clean, odourless solution for handling highly viscous and non-flowable liquids with high dry solid contents ranging from 21% to 45%. These pumps are designed with a spacious feed hopper, a separate compression zone, an auger feed screw with enlarged diameter & extended pitch, making them ideal for conveying highly viscous media. Traditional methods in India involve manual transportation and processing of sludge cake, often resulting in inefficiencies and high costs. Roto’s Cake Pumps provide a reliable alternative as it easily handles sludge cake with flow rate of up to 100 cubic meters per hour while withstanding pressures of up to 24 bar. This makes it a crucial asset for industries looking to optimize their processes and comply with evolving environmental regulations.
Roto Pumps has long been a leader in the positive displacement pumps market, both in India and internationally. The launch of the Roto Cake Pumps aligns with the company’s broader strategy to expand its product portfolio and strengthen its presence in global markets such as North America, Europe, South East Asia, the Middle East, and Africa. The growing demand for specialized pumps, driven by industrial growth, government infrastructure initiatives, and the global focus on clean energy and sustainability, positions Roto Pumps to continue its trajectory of growth. The company’s legacy of innovation, combined with its strong domestic and international footprint, makes it a key player in the industry. With its headquarters in Noida and a strong export base in over 50 countries, Roto Pumps is actively working towards expanding its market reach. The company aims to become one of the top five manufacturers of positive displacement pumps globally, further solidifying its position in the market.
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Roto Pumps, a leading global manufacturer of positive displacement pumps, has been providing reliable solutions for over 50 years. With a strong presence in various industries, including wastewater, sugar, and oil & gas, the company is committed to innovation and customer satisfaction. Roto Pumps' state-of-the-art manufacturing facility and R&D center enable it to export to over 50 countries. The company's ambitious expansion plans aim to strengthen its global footprint and solidify its position as a top 5 positive displacement pump manufacturer.
Talking about the finances, the company is a Small-Cap having a market cap of over Rs 1,500 crore and reported positive numbers in its Quarterly Results (Q1FY25) and annual results (FY24). Earlier, the shares of the company ex-traded stock split of shares in a 2:1 ratio which had an ex-record date of November 08, 2024 and ex-traded bonus shares in a 1:1 ratio which had an ex-record date of July 07, 2023. The company's shares have an ROE of 22 per cent and an ROCE of 25 per cent. The stock is up by 72 per cent from its 52-week low of Rs 150.23 per share and gave multibagger returns of 650 per cent in 5 years. Investors should keep an eye on this multibagger solar pump manufacturing company’s stock.
Disclaimer: The article is for informational purposes only and not investment advice.