24 Apr 2025

Rajesh Power Services Rises Marginally; Secures New Orders Worth RS. 1,116 Crore

Rajesh Power Services is trading at RS. 1260.00, up by 0.95 points or 0.08% from its previous close of RS. 1259.05 on the BSE.

The stock opened at RS. 1290.00 and touched an intraday high of RS. 1310.00 and a low of RS. 1235.00. A total of 44,800 shares have been traded so far.

Classified under BSE group 'M', the stock with a face value of RS. 10 hit its 52-week high of RS. 1290.00 on April 24, 2025, and a 52-week low of RS. 636.50 on December 2, 2024. Over the past week, the stock has seen a high of RS. 1290.00 and a low of RS. 971.35. The company's current market capitalization stands at RS. 2267.22 crore.

The promoter shareholding in the company is strong at 73.40%, with institutional investors holding 5.72% and non-institutional investors 20.88%.

Rajesh Power Services has recently bagged fresh orders worth RS. 1,116 crore from both government and institutional clients. The projects include turnkey contracts for supply, installation, testing, and commissioning of 11/22KV HT underground and overhead (MVCC) networks, 220/66kV GIS/AIS substations, and 132kV/66kV underground cables—all in Gujarat. These projects are expected to be completed within 12 to 18 months.

Rajesh Power Services (RPSL) is recognized as one of the country’s major players in underground power transmission and infrastructure EPC, with a strong foothold in the sector.