Rajesh Power Services gains on emerging as successful bidder for turnkey contract under KSY Scheme
Rajesh Power Services is currently trading at Rs. 1325.50, up by 5.85 points or 0.44% from its previous closing of Rs. 1319.65 on the BSE.
The scrip opened at Rs. 1310.00 and has touched a high and low of Rs. 1366.30 and Rs. 1283.00 respectively. So far 109800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1448.00 on 16-May-2025 and a 52 week low of Rs. 636.50 on 02-Dec-2024.
Last one week high and low of the scrip stood at Rs. 1440.00 and Rs. 1283.00 respectively. The current market cap of the company is Rs. 2384.18 crore.
The promoters holding in the company stood at 73.40%, while Institutions and Non-Institutions held 5.72% and 20.88% respectively.
Rajesh Power Services has received a lowest bid confirmation at the L1 stage, being declared as the successful bidder for the turnkey contract for supply, installation, testing and commissioning of 11KV Medium Voltage Covered Conductor (MVCC) under KSY (Kisan Suryodaya Yojana) Scheme for Paschim Gujarat Vij Company (PGVCL).
Earlier, the company had received a lowest bid confirmation at the L1 Stage, being declared as the successful bidder for the works of distribution & backup power system in GIFT City.
Rajesh Power Services (RPSL) is amongst the largest players in the country, firmly established in the underground power transmission and infrastructure EPC space.
