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  • Execution delay due to lack of clarity from govt on GST to nodal agency: Shakti Pumps

    The Shakti Pumps (India) stock has seen a dizzying rally -- surging 160 percent in the last 6 months and over 300 percent in the last one year fuelled by the governments thrust towards solar pumps. In an interview to CNBC-TV18, Akhilesh Maru, CFO of Shakti Pumps spoke about the latest happenings in his company and sector.

  • Hope to clock 25 percent growth in solar segment: Shakti Pumps

    Hope to clock 25 percent growth in solar segment: Shakti Pumps

    In an interview to CNBC-TV18, Akhilesh Maru, CFO of Shakti Pumps (India) spoke about the latest happenings in the company.

  • Solar pumps getting interest from all state governments, says Shakti Pumps

    Solar pumps getting interest from all state governments, says Shakti Pumps

    In an interview to CNBC-TV18, Akhilesh Maru, CFO, Shakti Pumps (India) spoke about the demand for solar pumps and latest happenings in his company.

  • Govt initiatives in agri sector aiding sentiment: Shakti Pumps

    Govt initiatives in agri sector aiding sentiment: Shakti Pumps

    "On the agricultural side, the government is working on agricultural machinery, equipment, irrigation infrastructure or water facilities. So there is a positive sentiment for overall sector", Akhilesh Maru, CFO of Shakti Pumps told CNBC-TV18.

  • Forecast for good monsoon augurs well for co: Shakti Pumps

    Forecast for good monsoon augurs well for co: Shakti Pumps

    Agriculture sector contributes 30-35 percent to Shakti's topline and the company is worth Rs 100 crore in organized market, says Akhilesh Maru, CFO, Shakti Pumps.

  • Excise cut to boost demand for solar pumps: Shakti

    Excise cut to boost demand for solar pumps: Shakti

    Reduction in excise duty from 12.5 percent to 6 percent will benefit Shakti Pumps as we manufacture motors for all the products on which the duty is dropped, says Akhilesh Maru, CFO of the company.

  • See another 5% growth for pumps on sub-normal rains: Shakti

    See another 5% growth for pumps on sub-normal rains: Shakti

    The domestic margins of Shakti Pumps currently stand at 12-15 percent on EBITDA level and value addition to product basket may help the company increase its margins.

  • Shakti Pumps aims at capacity utilisation of 65-70% in FY16

    Shakti Pumps aims at capacity utilisation of 65-70% in FY16

    Talking about the outlook for the company, Akhilesh Maru, CFO, Shakti Pumps said they hope to close the year with revenues of Rs 315-320 and are in line to achieve revenue guidance target of Rs 450 crore in FY16 backed by improvement in capacity utilisation.

  • To grow over 30% YoY, launches aiding margins: Shakti Pumps

    To grow over 30% YoY, launches aiding margins: Shakti Pumps

    Consumer interest in energy efficient products has been surging, says Akhilesh Maru, CFO of Shakti Pumps.

  • Shakti Pumps eyes 30-35% industrial growth for FY15

    Shakti Pumps eyes 30-35% industrial growth for FY15

    In an interview with CNBC-TV18, Dinesh Patidar, MD, Shakti Pumps shares his outlook on where the company is headed hereon.

  • Expect Rs 10cr from booster pump unit in FY12: Shakti Pumps

    Expect Rs 10cr from booster pump unit in FY12: Shakti Pumps

    Shakti Pumps' unit manufacturing booster pumps will be operational by January and will contribute 15 crore in FY12.

  • Shakti Pumps aims to raise Rs 100cr for next year

    Shakti Pumps aims to raise Rs 100cr for next year

    Dinesh Patidar, CMD of Shakti Pumps, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke on his company’s fund raising plans for this year and road ahead for the company.

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