RMC Switchgears gains on getting LoA worth Rs 2.84 crore from Jaipur Vidyut Vitran Nigam
RMC Switchgears is currently trading at Rs. 270.00, up by 2.55 points or 0.95% from its previous closing of Rs. 267.45 on the BSE.
The scrip opened at Rs. 267.90 and has touched a high and low of Rs. 270.00 and Rs. 266.00 respectively. So far 776 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 897.00 on 21-Aug-2025 and a 52 week low of Rs. 245.00 on 07-Jul-2026.
Last one week high and low of the scrip stood at Rs. 308.90 and Rs. 261.05 respectively. The current market cap of the company is Rs. 283.59 crore.
The promoters holding in the company stood at 51.97%, while Institutions and Non-Institutions held 3.18% and 44.85% respectively.
RMC Switchgears has received Letters of Award (LoA) from Jaipur Vidyut Vitran Nigam amounting to Rs 2.84 crore for 100 Amp. L.T. Distribution Kiosks Suitable for Underground Cabling. The order is to be executed in 6 years. The receipt of this LoA further strengthens the company’s order book and is expected to contribute positively to the company’s revenue and growth prospects.
