Oswal Pumps Share Price in Focus; Wins Additional ₹235.92 Crore Order for 10,000 Solar Pumps

Written by: Team Angel OneUpdated on: 30 Oct 2026, 11:13 pm IST

Oswal Pumps has received another order from MSEDCL for 10,000 solar water pumps, valued at approximately ₹235.92 crore.

Oswal Pumps has received an additional order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 off-grid solar water pumping systems. The order is worth around ₹235.92 crore, including GST.

The repeat order comes under the PM-KUSUM B scheme, known in Maharashtra as the “Magel Tyala Saur Krishi Pump” Yojana. The company is required to complete the work within 60 days of receiving the Notice to Proceed or work order.

What the Order Includes

The contract covers the design, manufacture, supply, transportation, installation, testing and commissioning of solar pumps at selected farmers’ sites across Maharashtra.

The pumps will come in three capacities: 3 HP, 5 HP and 7.5 HP. The order also includes a five-year system warranty, repair and maintenance support, and a remote monitoring system.

For Oswal Pumps, this is another sizeable assignment from MSEDCL. The company said the repeat order reflects its ongoing association with the Maharashtra utility.

About Oswal Pumps

Oswal Pumps manufactures solar-powered and grid-connected pumps, electric motors and solar modules. It also provides turnkey solar pumping systems for agricultural, residential and industrial users.

As of October 30, 2026, Oswal Pumps share price was closed at ₹202.05 per share, reflecting a 3.72% decline from previous closing price.

Conclusion

The additional 10,000-pump order adds approximately ₹235.92 crore to Oswal Pumps’ business commitments. The 60-day execution timeline makes timely installation an important part of the assignment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 30, 2026, 5:43 PM IST

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