Rajesh Power Services Limited receives new orders worth Rs. 1116 crores

Rajesh Power Services Limited (RPSL), one of the leading EPC Contractor in Power Transmission & Distribution has secured new orders inflows worth Rs. 1,116 Crores from a combination of government and institutional customers.

The details of the aforesaid new orders are as follows:

- Turnkey Based Contract for Supply, Installation, Testing and Commissioning of 11/22KV HT Underground (Cable) / Overhead (MVCC) Network in Gujarat;

- Design, Engineering, Manufacturing, Supply Erection, Testing and Commissioning of 220/66kV GIS/AIS Substations in Gujarat;

* Supply, Erection, Testing and Commissioning of 132kV/66kV Underground Cable in Gujarat.

Orders are expected to complete within 12 to 18 months.

Shares of Rajesh Power Services Limited was last trading in BSE at Rs. 1259.05 as compared to the previous close of Rs. 1057.20. The total number of shares traded during the day was 747200 in over 1579 trades.

The stock hit an intraday high of Rs. 1268.60 and intraday low of 1010.00. The net turnover during the day was Rs. 885511660.00.

Source : Equity Bulls

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