Rajesh Power shares rise 4% as company bags Rs 69 crore order from UGVCL
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Rajesh Power Services shares rose 4% on Wednesday after the company got a Rs 69 crore order from UGVCL.
- ✓The firm will shift electrical networks across Gujarat on a turnkey basis.
- ✓This domestic contract has an execution period of 12 months, and the company said it is normal business work.
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- BUSINESS
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- Business Today
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- India Economy
Rajesh Power Services Ltd shares rose 4% on Wednesday after the company received a Rs 69 crore order from Uttar Gujarat Vij Company Limited (UGVCL) for shifting an existing electrical network at various locations in Gujarat.
The order has been awarded on a turnkey basis and covers work across the Sabarmati and Mehsana circles under UGVCL. The scope of work includes shifting the existing electrical network, along with GIS mapping, Geo Urja Mapping developed by Gujarat Urja Vikas Nigam Limited (GUVNL), and asset tagging under the ND Scheme, according to the company's exchange filing dated October 14, 2026.
Rajesh Power Services shares touched a high of Rs 800, rising 3.88% from their previous close of Rs 770.05. The stock opened at Rs 772 and touched a low of Rs 772 during the trading session.
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