{"id":108874,"date":"2023-09-04T14:29:19","date_gmt":"2023-09-04T08:59:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108874"},"modified":"2023-09-04T14:29:21","modified_gmt":"2023-09-04T08:59:21","slug":"smallcap-stock-jumps-up-to-7-after-company-receives-a-patent-from-the-government-of-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-up-to-7-after-company-receives-a-patent-from-the-government-of-india\/","title":{"rendered":"Smallcap stock jumps up to 7% after company receives a Patent from the Government of India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1886302740\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This small-cap stock jumps up to 7% after it received a Patent from the government of India on Monday. This stock delivered 64% returns in one year to the investors. Currently, stocks are trading 3.7% below the 52-week high and above the 50-day and 200-day moving averages.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-759623864\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\" id=\"h-shakti-pumps-india-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SHAKTIPUMP\/consolidated\">Shakti Pumps (India) Ltd<\/a><\/strong><\/h4><p>Shakti Pumps (India) Ltd belongs to the small-cap category, with a market capitalisation of Rs. 1,653 Cr. On Monday the stock opened at Rs. 864.50, at 1.30 p.m. stocks were trading 4.2% up at Rs. 894 on NSE.<\/p><p>According to the company filing, the company has received a Patent for High Starting Torque Direct Line-Operated Energy Efficient Motor (Shakti Slip Star Synchronous Run Motor &#8211; S4RM) from the Government of India. This patent is set to maintain its validity for a period of 20 Years.<\/p><p>Recently on 30th August, the company received an order worth Rs. 358 Cr under KUSUM-3 scheme from the Haryana Renewable Energy Department for 7,781 pumps.<\/p><div class=\"trade-content_5\" id=\"trade-3177395481\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The total revenue of the company declined by 55% YoY from Rs. 255.55 Cr in Q1 FY23 to Rs. 113.60 Cr in Q1 FY24 and net profit declined to Rs. 0.99 Cr in Q1 FY24 from Rs. 8.73 Cr in Q1 FY23.<\/p><p>As per the latest shareholding information, promoters hold 56.22%, DIIs hold 0.16%, FIIs hold 0.39% and Public hold a 43.23% stake in this company.<\/p><p>Shakti Pumps (India) Ltd. The company business is engaged in the manufacturing industry. The business makes motors and pumps. The company offers a variety of product types that are used in firefighting systems, irrigation, pressure-boosting systems, groundwater delivery and others.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadri N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2646254051\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This small-cap stock jumps up to 7% after it received a Patent from the government of India on Monday. This stock delivered 64% returns in one year to the investors. Currently, stocks are trading 3.7% below the 52-week high and above the 50-day and 200-day moving averages. Shakti Pumps (India) Ltd Shakti Pumps (India) Ltd [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[11674,11675,11673,948,936],"class_list":["post-108874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-shakti-pumps-latest-news","tag-shakti-pumps-latest-patent","tag-shakti-pumps-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smallcap stock jumps up to 7% after company receives a Patent from the Government of India - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This small-cap stock jumps up to 7% after it received a Patent from the government of India on Monday. 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