Announced Fri, 24 Jul · 11:24 IST
RMC Switchgears bags Rs 5.02 cr order from Genus Power
Business Updates View source PDF
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
-2.8%1-day move
₹271.00
prior close
₹267.50
base price
In-mkt
timing
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+1.2—+0.9—-2.8—————————
Up moveDown movePending
AI summary
RMC Switchgears received a Letter of Award worth Rs 5.02 crore from Genus Power Infrastructures for solar module mounting structures (1.1KW UND S_Panel). The domestic order is to be executed over 6 months. The company says it will boost order book, revenue, and growth. Not a related party transaction.
Likely market impact
New domestic order of about Rs 5.02 cr strengthens order book; execution over 6 months should support revenue in coming quarters.