Rajesh Power Services zooms on receiving orders worth Rs 471.92 crore from MGVCL
Rajesh Power Services is currently trading at Rs. 781.15, up by 48.30 points or 6.59% from its previous closing of Rs. 732.85 on the BSE.
The scrip opened at Rs. 747.00 and has touched a high and low of Rs. 789.00 and Rs. 745.00 respectively. So far 24100 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1624.95 on 10-Oct-2025 and a 52 week low of Rs. 705.00 on 28-Sep-2026.
Last one week high and low of the scrip stood at Rs. 789.00 and Rs. 721.85 respectively. The current market cap of the company is Rs. 1411.78 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 orders worth Rs 471.92 crore (including taxes) from Madhya Gujarat Vij Company (MGVCL) for conversion of 11kV overhead line to Medium Voltage Covered Conductor (MVCC) and Under Ground Network at various locations of Gujarat under MGVCL Under SI Scheme Robust-III. The orders are to be executed within 18 months.
