Announced Wed, 5 Aug · 17:40 IST
RMC Switchgears bags orders worth 344 crore, PGVCL leads with 333.80 crore
RMC · 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
-2.1%1-day move
₹339.90
prior close
₹350.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+2.3+1.9+0.9-2.1-1.1-14.2-10.3-21.2-22.6————
Up moveDown movePending
AI summary
RMC Switchgears has received fresh orders worth 344.10 crore. The largest is a 333.80 crore turnkey mandate from PGVCL, a Gujarat state power utility, for converting 11 kV overhead lines to underground cable networks across four circles, to be executed in 12-18 months. Additional orders: 5.02 crore from Genus Power, 2.84 crore from Jaipur DISCOM, 2.44 crore from Telangana DISCOM. All domestic. Unexecuted order book now at about 1,188 crore, supporting revenue growth.
Likely market impact
Strong order inflow boosts revenue visibility; unexecuted order book now at 1,188 crore, providing multi-year growth support.