Shakti Pumps – solar shakti (power)!

management is uncertain about

1. Manson and its effect on execution of orders
2. elections in Maharashtra and uncertainty in future orders with payment cycles(becoz MH is the biggest client)
3. in concall Dinesh patidar had mentioned that there was delay in payment from Maharashtra govt, so slowing down.(he was clear about payment terms from early on)
   so accounting all this he was under guiding for this FY @1700 cr topline. 30% yoy

So my take away is any change in government will have major impact!! and we are already seeing stock in sideways waiting for some updates regarding ajmeer project or major deal win!!

Disclosure: Invested at bottom levels and will hold. Its very subjective opinion and open to criticism !!