Announced Fri, 17 Jul · 10:20 IST
New orders worth Rs 34.37 cr from PGVCL and RVPNL
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹873.00
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.6-1.5-4.0-1.7-3.2-4.7————
Up moveDown movePending
AI summary
Rajesh Power Services received orders worth Rs 34.37 crores (incl. taxes) from two state-owned power utilities. PGVCL order of Rs 21.57 cr covers SCADA readiness and RMU rectification across Bhavnagar, Jamnagar and Rajkot circles over 12 months. RVPNL order of Rs 12.80 cr is for converting 220kV Jodhpur-CHB line into underground cable system over 9 months. Both are domestic orders with no promoter or related party interest.
Likely market impact
Positive - Rs 34.37 cr addition to order book from government clients, strengthening revenue visibility with no related party concerns.