Rajesh Power Services shares reacted to news of securing a fresh Rs 1,628.74 crore order, rising over 3.5 per cent in early trade on Thursday, November 5. The power sector stock started the session in green at Rs 849, up from the previous close of Rs 822.80 on BSE.
The uptick momentum in the share got fuel after the company announced securing fresh turnkey orders, with the stock hitting an intraday high at Rs 852, up 3.54 per cent from the previous close.
Meanwhile, its 52-week high and low values stood at Rs 1,465 and Rs 705, respectively.
Secures Rs 1,628.74 Crore Order
The Ahmedabad-based company, in an exchange filing, informed that it has secured a fresh order worth Rs 1,628.74 crore for turnkey from Dakshin Gujarat Vij Company Limited. The order took the company's order book to around Rs 5,400 crore, giving a boost of 35 per cent to expansion from Rs 4,000 crore prior to this order.
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