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Rajesh Power Services surges on bagging order from MGVCL
Jul-08-2025

Rajesh Power Services is currently trading at Rs. 1400.00, up by 49.90 points or 3.70% from its previous closing of Rs. 1350.10 on the BSE.

The scrip opened at Rs. 1362.00 and has touched a high and low of Rs. 1434.00 and Rs. 1360.00 respectively. So far 133600 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1572.95 on 17-Jun-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. 1434.00 and Rs. 1315.00 respectively. The current market cap of the company is Rs. 2521.03 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 received order from M/s Madhya Gujarat Vij Company (MGVCL), Vadodara, Gujarat for Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) at various locations under Kisan Suryoday Yojana (KSY) Scheme and Vanbandhu Kalyan Yojana (VKY -2) Scheme. The aforesaid order has been received in the normal course of business. The size of order is Rs 220.18 crore. 

Rajesh Power Services (RPSL) is amongst the largest players in the country, firmly established in the underground power transmission and infrastructure EPC space.

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