Shakti Pumps, Tancfac, Man Industries Shares Gain on New Order Wins 

Shares of Shakti Pumps (India) Ltd, Tanfac Industries Ltd, and Man Industries (India) Ltd rose about 6% on Monday, 12 January, after the companies announced new order wins before the market opened.

Shakti Pumps
The Karnataka Renewable Energy Development Ltd awarded the company with Rs 654 crore (including GST). The order is for the design, manufacturing, supply, transportation, installation, testing, and commissioning of off-grid DC solar photovoltaic water pumping systems. The contract will be completed on or before 31 March 2026.

Tanfac Industries 
Tanfac Industries has clinched a contract to provide 7,500 metric tons of fluorinated chemicals to a Japanese customer for Rs 337.5 crore annually. The deal is for seven years beginning 1 January 2027. The contract is anticipated to be worth Rs 2,362.5 crore (excluding GST) over seven years, according to the business.

Man Industries
The company received fresh orders totalling Rs 550 crore for pipes from both domestic and international customers. The same has to be carried out within six months. Man Industries reported an unexecuted order book of around Rs 4,600 crore.

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