Shakti Pumps has committed an investment of INR 17 crores towards its subsidiary, Shakti Energy Solutions, to establish a solar PV manufacturing plant with a potential output of 2.2 GW. This move aims to expand their renewable energy portfolio.

Ambareesh Baliga suggests a contrarian approach during market volatility, proposing five stocks for consideration. Notably, Shakti Pumps, Sagility, Himadri, Orkla, and EMS have the potential to increase significantly, with estimated price hikes for Shakti Pumps from ₹507.3 to ₹900, Sagility from ₹41.9 to ₹54, Himadri from ₹456.1 to ₹630, Orkla from ₹602.95 to ₹756, and EMS from ₹289.75 to ₹380.