RMC Switchgears Ltd receives LOA worth Rs. 5.01 crores

RMC Switchgears Limited, has received Letters of Award (LOA) from Genus Power Infrastructures Limited amounting to ₹ 5,01,72,500 - Five Crores One Lakh Seventy Two Thousand Five Hundred Rupees for UND S_Panel mounting structure 1.1KW.

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.

Shares of RMC Switchgears Ltd was last trading in BSE at Rs. 267.45 as compared to the previous close of Rs. 263.30. The total number of shares traded during the day was 6917 in over 291 trades.

The stock hit an intraday high of Rs. 270.00 and intraday low of 261.05. The net turnover during the day was Rs. 1846328.00.

Source : Equity Bulls

Keywords

RMCSwitchgears INE655V01019 OrderWin