Rajesh Power wins Rs 69 Cr turnkey contract for UGVCL network shifting

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Price reactionminutes from the announcement price · days from the prior close

+2.3%Reaction day

₹772.00

prior close

₹793.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.6% vs market

Other Utilities peers, median of 13sector · industry level+1.3%+1.0% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.0 pts more than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-1.4

15m

-1.2

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3+0.7+1.6+1.3+1.0

Next day

+7.2-1.0+8.1+0.6+6.5

+7.5-0.3+7.8+0.6+6.9

+6.0-1.9+7.9-2.0+8.0

+1.7-4.5+6.2-5.0+6.7

-0.5-5.5+5.0-7.3+6.8

-5.2-7.3+2.1-10.3+5.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rajesh Power Services received a Rs 69 crore (incl. taxes) turnkey order from Uttar Gujarat Vij Company Limited (UGVCL), a domestic power utility. The contract covers shifting of existing electrical network at various locations in Sabarmati and Mehsana Circle, along with GIS mapping and asset tagging under the ND Scheme. Execution period is 12 months. The order is from a domestic entity, with no promoter interest or related party involvement.

Likely market impact

Adds to order book and supports revenue visibility over the next 12 months; modest positive for the stock.