RMC Switchgears Limited receives project worth Rs. 230.23 crores

RMC Switchgears Limited has announced the receipt of Letter of Award of Rs. 230,23,88,766.59 (Rupees Two Hundred and Thirty Crores Twenty Three Lakhs Eighty Eight Thousand Seven Hundred Sixty Six and Fifty Nine Paisa only) bestowed upon us by the Maharashtra State Electricity Distribution Company Limited under its EPC Division.

The project will be completed within the next 12-18 months.

Shares of RMC Switchgears Ltd was last trading in BSE at Rs. 270.60 as compared to the previous close of Rs. 264.25. The total number of shares traded during the day was 170000 in over 82 trades.

The stock hit an intraday high of Rs. 277.45 and intraday low of 254.00. The net turnover during the day was Rs. 46280900.00.

Source : Equity Bulls

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