Spent today evening going through all 229 posts for Shakti pump- what a journey it has had in the past 9 years!
What seems to be the reasons for the recent price rally (2x in L6M; was flattish for past 3 years)?
Is the price uptrend because of:
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Kusum 3 and other Govt orders?
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Margin and PAT improvements in Q2 24 (revenue declined heavily though)
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7 new patents being granted- some of them being in EV space- a strong key word these days!
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FIIs slowly coming back into play ( 0.64% though - but highest in 1.5 years)
Would request someone to throw some light on this.
Desc- Not invested but tracking.
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