Elections 2024: RattanIndia Power Ltd has been the only smallcap stock from the BSE Smallcap index that doubled investor wealth since April 19, the day six-week long elections kicked off.
The Nifty experienced a decline of 183 points, closing near the 22,700 level, and formed a "dark cloud cover" candlestick pattern, a bearish signal. The Indian market saw its worst session in nearly three weeks on Wednesday, dragged down by losses in heavyweight financials and IT stocks.
Shakti Pumps stock price has surged by 515% in the last 13 months, driven by substantial order acquisitions and strong financial performance. The company holds a dominant position in the Indian pump industry with a 26% market share in the domestic solar pump market under the PM KUSUM scheme.
Shakti Pumps Share Price: Rises 4.8% after securing a patent for new motor technology aimed at improving the functionality and efficiency of motors and grid electrical systems