Capex for what? Working capital?
This is a mystery. The capacity is said to be 5 lakh pumps but they have previously done a qio to increase capacity as well as mentioned in concalls about capacity constraints, debottlenecking etc.
It might be a sku issue.
1 Like
Short Squeez coming in Shakti Pump, watch out. Many shorters are going to lose big.
Bro it’s a non FNO stock, and if you want to short it you don’t get any margin benefit because it is in Long Term ASM. I don’t think anyone is shorting this ticker. What’s your rationale behind this Short Squeeze prediction?
2 Likes
Already out of ASM last week and stock does not have to be in FnO to be shorted.
1 Like
Anyone know the rational behind sudden spike in prices?
It seems to be purely technical. The whole market is on the run since last few days and many old names that were not moving suddenly felt left out and start moving north with good volumes. Clearly FOMO amongst many late comers. Another possibility which can always exist is some kind of information that insiders know about the company that would be out soon. But one can only guess.
3 Likes
I think Oswal pumps IPO is round the corner and Market participants generally check current company and closer competitors valuation planned during IPO to see any arbitrage
Disc : Had Positions and exited recently due to around 20-25% growth prospects this FY26 year
1 Like