Shares of Shakti Pumps (India) on Monday rallied 5% on robust Q3 numbers. The company posted consolidated net profit of Rs 265.3 million in the December 2020 quarter.

Net profit of the company reported to Rs 265.3 million in the quarter ended December 2020 as against net loss of Rs 87 million during the previous quarter ended December 2019.

The company's revenue from operations climbed 3.39% to Rs 3,166.6 million in the quarter ended December 2020 as against Rs 932.8 million during the previous quarter ended December 2019.

Shares of Shakti Pumps (India) are trading at Rs 376.95, up Rs 17.95, or 5% at the Bombay Stock Exchange (BSE) on Monday at 1:48 p.m.

The scrip has touched an intra-day high of Rs 376.95 and low of Rs 350. The total volume of shares traded at the BSE is 28,282.In the earlier session, the shares lost 2.06%, or Rs 7.55, at Rs 359.

Currently, the stock is trading down 0.79% from its 52-week high of Rs 379.95 and above 269.2% over the 52-week low of Rs 102.10.