{"id":6140,"date":"2025-12-16T13:33:29","date_gmt":"2025-12-16T13:33:29","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6140"},"modified":"2025-12-16T13:33:29","modified_gmt":"2025-12-16T13:33:29","slug":"shakti-pumps-sepc-lead-trade-action-on-order-wins-icici-prudential-amc-subscribed-3917-times","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/shakti-pumps-sepc-lead-trade-action-on-order-wins-icici-prudential-amc-subscribed-3917-times\/","title":{"rendered":"Shakti Pumps, SEPC Lead Trade Action on Order Wins; ICICI Prudential AMC Subscribed 39.17 Times"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The stock market had a rough day on Tuesday, but it was not all bad news. While the big market indexes went down, smart investors found great opportunities in other places. Even though the main market was red, some companies won big contracts, and the excitement around the ICICI Prudential AMC IPO GMP kept the mood lively on Dalal Street.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is a simple look at what happened in the stock market today and why some stocks are still rallying.<\/span><\/p>\n<h2><b>The Big Picture: Markets Went Down<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The two main stock market indexes, Sensex and Nifty, fell for the second day in a row. The sentiment was weak because foreign investors are selling their shares, and there is some worry about a trade deal with the United States.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to equity outflows, the Indian Rupee dropped to its lowest level ever. It crossed the 91 mark, hitting a record low of 91.08 against the US Dollar during the session.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol, Business Today)<\/span><\/i><\/span><\/p>\n<h2><b>The Closing Numbers<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Sensex dropped by 533.50 points (0.63%) to close at 84,679.86.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Nifty fell by 167.20 points (0.64%) to finish at 25,860.10.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Broader markets also struggled, with Midcap and Smallcap indices falling nearly 1% each.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><a href=\"https:\/\/www.nseindia.com\/market-data\/live-market-indices\">NSE<\/a>, BSE)<\/i><\/span><\/p>\n<h2><b>Consumer Stocks Are Popular<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Even though the market was down, people are still buying stocks of companies that sell things we use every day. The &#8220;Consumer Durables&#8221; sector actually went up by almost 1%.<\/span><\/p>\n<h3><b>Top Winners in Nifty<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bharti-airtel.html?id=1000001413\">Bharti Airtel<\/a>:<\/b><span style=\"font-weight: 400;\"> (+1.70%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/titan.html?id=1000004565\">Titan Company<\/a>:<\/b><span style=\"font-weight: 400;\"> (+1.65%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tata-consumer-products.html?id=1000005094\">Tata Consumer<\/a>:<\/b><span style=\"font-weight: 400;\"> (+1.26%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/mahindra-&amp;-mahindra.html?id=1000003248\">M&amp;M<\/a>:<\/b><span style=\"font-weight: 400;\"> (+0.58%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bajaj-auto.html?id=1000004640\">Bajaj Auto<\/a>:<\/b><span style=\"font-weight: 400;\"> (+0.55%)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol, Business Today)<\/span><\/i><\/span><\/p>\n<h2><b>Shakti Pumps: A Big Winner Today<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">One company that had a great day was <a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/bse\/shakti-pumps.html?id=1000001596\">Shakti Pumps<\/a>. The Shakti Pumps share price jumped up by 2.88% to close at \u20b9773.90 and during the trading session it rose upto 6 percent.<\/span><\/p>\n<h3><b>Why did it go up\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The company got a massive order from the government of Maharashtra.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Order:<\/b><span style=\"font-weight: 400;\"> To supply 16,025 off-grid solar water pumps to farmers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Value:<\/b><span style=\"font-weight: 400;\"> This deal is worth about \u20b9443.78 crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The Timeline:<\/b><span style=\"font-weight: 400;\"> They have to finish this work in just 60 days.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This is great news for the company, which explains why the share price went up while the rest of the market went down.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>Other Companies Winning Contracts<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Shakti Pumps was not the only one celebrating. Other companies also saw their share prices rise because of new business deals.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/shriram-epc.html?id=1000001201\">SEPC<\/a>:<\/b><span style=\"font-weight: 400;\"> Shares went up 5% after getting a new purchase order.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ion-exchange.html?id=1000008255\">Ion Exchange<\/a>:<\/b><span style=\"font-weight: 400;\"> The stock rose 2% because they won a contract worth \u20b9205 crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/gallantt-ispat.html?id=1000001353\">Gallantt Ispat<\/a>:<\/b><span style=\"font-weight: 400;\"> Shares added 2% after a large trade where 1.2 million shares changed hands.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>IPO Buzz: Massive Demand for ICICI Pru AMC<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There is incredible excitement about the new IPO from ICICI Prudential Asset Management Company. Tuesday (Day 3) was the final day to bid for these shares, and the demand was overwhelming.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The IPO was subscribed a massive 39.17 times by the end of the final day.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Price Band:<\/b><span style=\"font-weight: 400;\"> \u20b92,061 to \u20b92,165 per-share.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Issue Size:<\/b><span style=\"font-weight: 400;\"> The asset manager aims to raise \u20b910,602.65 crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Offer for Sale:<\/b><span style=\"font-weight: 400;\"> This is entirely an Offer for Sale (OFS), meaning the money goes to the promoters selling their stake, not the company itself.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Once listed, it will become the fifth ICICI Group company to join the stock exchanges. Investors are now waiting for the allotment, which is likely to be finalised on December 17. The shares are expected to list on the BSE and NSE on December 19.<\/span><\/p>\n<p><b>Grey Market Update:<\/b><span style=\"font-weight: 400;\"> According to market trackers, the ICICI Prudential AMC IPO GMP stands at \u20b9345. This indicates a potential listing price of around \u20b92,510, reflecting a profit of 15.94% over the upper price band.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol, Livemint)<\/span><\/i><\/span><\/p>\n<h2><b>The Bottom Line<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Even though the Sensex and Nifty are down right now, the market is still very active. Investors are moving their money into companies that are winning real business orders like Shakti Pumps.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the strong interest in the primary market shows that people are still willing to bet on good companies. As we wait for the listing, all eyes will remain on the ICICI Prudential AMC IPO GMP for signs of a strong debut.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><b><i>Disclaimer:<\/i><\/b><i><span style=\"font-weight: 400;\"> Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation.<\/span><\/i><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">Investors are requested to do their own due diligence before investing. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant \u2013 IN \u2013 DP \u2013 416 \u2013 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For complete Terms &amp; Conditions and Disclaimers visit: <\/span><\/i><a href=\"https:\/\/www.paytmmoney.com\/stocks\/policies\/terms\"><i><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com\/stocks\/policies\/terms<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> .<\/span><\/i><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock market had a rough day on Tuesday, but it was not all bad news. While the big market indexes went down, smart investors found great opportunities in other places. Even though the main market was red, some companies won big contracts, and the excitement around the ICICI Prudential AMC IPO GMP kept the<a href=\"https:\/\/www.paytmmoney.com\/blog\/shakti-pumps-sepc-lead-trade-action-on-order-wins-icici-prudential-amc-subscribed-3917-times\/\">Continue reading <span class=\"sr-only\">&#8220;Shakti Pumps, SEPC Lead Trade Action on Order Wins; ICICI Prudential AMC Subscribed 39.17 Times&#8221;<\/span><\/a><\/p>\n","protected":false},"author":51,"featured_media":6141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[298,297,128,229,197],"class_list":["post-6140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-consumer-durables","tag-icici-prudential-amc-ipo-gmp","tag-rupee-vs-dollar","tag-shakti-pumps-share-price","tag-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=6140"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/6141"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}