Announced Wed, 8 Jul · 13:35 IST
RMC Switchgears wins about Rs 23.64 crore order from MAHAVITRAN
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
-0.2%1-day move
₹305.00
prior close
₹296.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.2+3.2+2.1+0.7-0.2-1.3-3.6-4.3-2.4-4.6————
Up moveDown movePending
AI summary
RMC Switchgears received a Letter of Award worth about Rs 23.64 crore from MAHAVITRAN, the Maharashtra State Electricity Distribution Company. The order covers designing, supplying, installing and maintaining off-grid DC solar water pumping systems of 3, 5 and 7.5 HP across Maharashtra. The work falls under the central PM KUSUM B Scheme and Magel Tyala Saur Krushi Pump Yojna. It includes 5 years of warranty and remote monitoring.
Likely market impact
Boosts order book and revenue visibility. Positive for growth, though execution spans 5 years.