Rajesh Power Services shines on foraying into Odisha with Rs 211.68 crore order win
Rajesh Power Services is currently trading at Rs. 874.40, up by 25.45 points or 3.00% from its previous closing of Rs. 848.95 on the BSE.
The scrip opened at Rs. 848.95 and has touched a high and low of Rs. 876.90 and Rs. 842.50 respectively. So far 48700 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1639.00 on 22-Aug-2025 and a 52 week low of Rs. 750.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 876.90 and Rs. 812.10 respectively. The current market cap of the company is Rs. 1,574.57 crore.
The promoters holding in the company stood at 72.70%, while Institutions and Non-Institutions held 4.19% and 23.12% respectively.
Rajesh Power Services has secured an order worth Rs 211.68 crore (Including Taxes) from Odisha Power Transmission Corporation (OPTCL). The order is for design, engineering, supply, installation, testing & commissioning works for a ‘construction of 220kV SC line through Underground Cable from 400/220/132/33kV GSS Mendhasal to 220/132/33kV GIS GSS Chandaka-B along with 01 number of 220kV AIS bay extension at GSS Mendhasal & 01 number of 220kV GIS bay extension at Chandaka-B’ on EPC contract basis. The order is to be executed within 24 months.
This order marks the company's entry into the State of Odisha, expanding its geographical footprint and strengthening its presence in the eastern region of India. The project is also among the largest orders secured by the company in the transmission segment. The order strengthens the company's order book and is expected to contribute meaningfully to its long-term growth and execution pipeline.
