Shakti Pumps Experiences Notable Trend Reversal Amid Market Fluctuations

May 14 2025 11:00 AM IST
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Shakti Pumps (India) Ltd experienced notable trading activity, hitting its upper circuit limit and reaching an intraday high after two days of decline. The stock's performance today indicates a positive shift in momentum, with significant trading volume and turnover, reflecting resilience in a fluctuating market.
Shakti Pumps (India) Ltd, a mid-cap player in the Compressors and Pumps industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 884.5, reflecting a 5% increase from its previous trading session. This surge comes after a period of two consecutive days of decline, marking a notable trend reversal.

The stock's last traded price (LTP) stands at Rs 868.05, with a change of Rs 25.65, translating to a percentage increase of 3.04%. The total traded volume for the day was approximately 4.54 lakh shares, resulting in a turnover of Rs 39.45 crore.

In terms of performance metrics, Shakti Pumps outperformed its sector by 1.55%, while the broader market, represented by the Sensex, recorded a 0.61% gain. The stock is currently positioned above its 200-day moving average, although it remains below the 5-day, 20-day, 50-day, and 100-day moving averages.

Overall, Shakti Pumps (India) Ltd's performance today highlights a positive shift in momentum, with the stock demonstrating resilience in a fluctuating market environment.
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