Shakti Pumps Achieves All-Time High Amidst Strong Market Performance

Dec 24 2024 09:20 AM IST
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Shakti Pumps (India) has recently experienced a revision in its score, reflecting its impressive market performance. The stock has been added to MarketsMojo's list, following a significant upward trend and strong returns over the past year, showcasing its robust position in the compressors and pumps industry.
Shakti Pumps (India) has recently achieved a remarkable milestone, reaching an all-time high of Rs. 985 on December 24, 2024. This midcap company, operating in the compressors and pumps industry, has demonstrated impressive performance metrics, significantly outpacing its sector by 1.77% today.

The stock has shown consistent upward momentum, gaining 7.38% over the past two days alone. It opened with a notable gain of 2.27%, maintaining its trading price throughout the day. Shakti Pumps is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong trend in its market performance.

Over the past year, Shakti Pumps has delivered an extraordinary return of 502.46%, a stark contrast to the Sensex's performance of 10.52%. This remarkable growth underscores the company's robust market position and operational efficiency within the industry. As Shakti Pumps continues to thrive, it remains a noteworthy player in the compressors and pumps sector.
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