Rajesh Power Services surges on bagging order worth Rs 362.82 crore from PGVCL
Rajesh Power Services is currently trading at Rs. 869.00, up by 14.40 points or 1.68% from its previous closing of Rs. 854.60 on the BSE.
The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 874.00 and Rs. 849.05 respectively. So far 22800 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. 874.00 and Rs. 830.00 respectively. The current market cap of the company is Rs. 1566.64 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 received order worth Rs 362.82 crore (including taxes) from Paschim Gujarat Vij Company (PGVCL) for turnkey based contract for conversion of existing 11 kV HT Line and LT Line network including consumer service lines into under ground cable network with ring main system at Jamnagar City-2 Division of Jamnagar Circle Under PGVCL. The order is to be executed within 24 months.
