Rajesh Power Services inches up on bagging orders worth Rs 1,116 crore
Rajesh Power Services is currently trading at Rs. 1260.00, up by 0.95 points or 0.08% from its previous closing of Rs. 1259.05 on the BSE.
The scrip opened at Rs. 1290.00 and has touched a high and low of Rs. 1310.00 and Rs. 1235.00 respectively. So far 44800 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1290.00 on 24-April -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. 1290.00 and Rs. 971.35 respectively. The current market cap of the company is Rs. 2267.22 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 secured new orders inflows worth Rs 1,116 crore from a combination of government and institutional customers. The orders include turnkey based contract for supply, installation, testing and commissioning of 11/22KV HT underground (cable) / overhead (MVCC) network in Gujarat; design, engineering, manufacturing, supply erection, testing and commissioning of 220/66kV GIS/AIS Substations in Gujarat; supply, erection, testing and commissioning of 132kV/66kV underground cable in Gujarat. The orders are expected to complete within 12 to 18 months.
Rajesh Power Services (RPSL) is amongst the largest players in the country, firmly established in the underground power transmission and infrastructure EPC space.
