Shakti Pumps Faces Significant Stock Decline Amid Broader Sector Challenges

Shakti Pumps (India) has experienced a notable decline today, with the stock down by 5.4% as of March 3, 2025. This midcap player in the compressors and pumps industry has been under pressure, underperforming its sector by 3.18%. Over the past five days, the stock has seen a consecutive fall, accumulating a total decline of 15.36%. During today's trading session, Shakti Pumps reached an intraday high of Rs 833, reflecting a modest increase of 2.46%, but it also hit a low of Rs 770, marking a decrease of 5.29%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging trend in its performance. In the broader context, the compressors and pumps sector has also faced a downturn, with a decline of 2.39%. Over the past month, Shakti Pumps has dropped 13.99%, contrasting with the Sensex's decline of 5.65%. These metrics highlight the current challenges faced by Shakti Pumps in a competitive market landscape.