RMC Switchgears Ltd receives LOA worth Rs. 2.84 crores

RMC Switchgears Limited, has received Letters of Award (LOA) from Jaipur Vidyut Vitran Nigam Limited amounting to ₹ 2,84,47,125 - Two Crores Eighty Four Lacs Forty Seven Thousand One Hundred Twenty Five Rupees for 100 Amp. L.T. Distribution Kiosks Suitable for Underground Cabling.

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 LOA OrderWin