Announced Mon, 27 Jul · 11:30 IST

Order win of Rs 75.05 Cr from RVPNL for GIS substation in Jodhpur

Govt Defence OrderBusiness Updates View source PDF

Price

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▲ 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
-1.5%1-day move
₹845.00
prior close
₹844.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.7+0.8-1.5
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AI summary

Rajesh Power Services has secured a turnkey contract worth Rs. 75.05 Crores (incl. taxes) from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL) for setting up a 132/33 kV, 2X50 MVA GIS Substation at Pal, Jodhpur with associated transmission line. Scope covers survey, supply, erection, civil works, testing and commissioning. The order is domestic with an 18-month execution timeline and is in the normal course of business.

Likely market impact

Positive: sizeable new order from a state government PSU strengthens order book; revenue to flow over 18 months.