Shakti Pumps Opens Strong with 4.93% Gain, Outperforming Sector and Market Trends

Apr 15 2025 09:35 AM IST
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Shakti Pumps (India) Ltd has demonstrated strong market performance, opening with a notable gain and outperforming its sector. The stock has shown a significant upward trend over the past two days and is trading above key moving averages, indicating positive momentum. It has also outperformed the broader market indices.
Shakti Pumps (India) Ltd, a prominent player in the compressors and pumps industry, has shown significant activity today, opening with a notable gain of 4.93%. This midcap stock has outperformed its sector, which has seen a rise of 2.46%, by 0.42%. Over the past two days, Shakti Pumps has demonstrated a strong upward trend, accumulating a total return of 7.71%.

The stock reached an intraday high of Rs 982, reflecting robust market performance. In terms of moving averages, Shakti Pumps is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive momentum in its price action.

In comparison to the broader market, Shakti Pumps has outperformed the Sensex, achieving a 1-day performance of 3.64% against the Sensex's 2.05%, and a 1-month performance of 6.73% compared to the Sensex's 3.88%. With a beta of 1.20, the stock is classified as high beta, suggesting it tends to experience larger price fluctuations relative to the market. Overall, Shakti Pumps continues to exhibit strong performance indicators within its sector.
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