Arihant Capital recommended accumulate rating on Shakti Pumps with a target price of Rs 465 in its research report dated May 13, 2019.
Arihant Capital is bullish on Shakti Pumps (India) has recommended buy rating on the stock with a target price of Rs 651 in its research report dated August 28, 2018.
The focused budgetary measures directed at rural India aim to realize the 2022 goal and give the desired push in an election year –thereby killing two birds in one shot.
Over the past few years, it has expanded its reach (particularly in international markets) and added huge manufacturing capacity with focus on high-value products and branding. These past efforts are now expected to yield results.
Karvy Stock Broking is bullish on Shakti Pumps and has recommended buy rating on the stock with a target of Rs 174 in its October 20, 2015 research report.
Firstcall Research is bullish on Shakti Pumps and has recommended buy rating on the stock with target of Rs 60 in its September 18, 2012 research report.