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Rajesh Power Services jumps 2.68% after securing Rs 1628.74 crore turnkey contracts from DGVCL
(04 Nov 2026, 10:41)

Rajesh Power Services Ltd. is currently trading at Rs 817.0, up 2.68%, while the stock has risen 11.55% over the last one week.

Rajesh Power Services Limited announced it has received turnkey contracts from Dakshin Gujarat Vij Company Limited (DGVCL) for Rs 1628.74 Crores (including taxes) to convert existing overhead networks to underground cable systems with SCADA-compatible equipment across various locations in Gujarat. The project, awarded domestically, is slated for completion within 24 months, and does not involve any related party transactions or interest from promoters, promoter groups, or group companies. The company disclosed the order details in a filing on November 4, 2026, in compliance with SEBI’s Listing Regulations.

Rajesh Power Services Ltd. shares saw a trading volume of 72500 today, a surge of 248.56% compared to the average volume over the last one week. Rajesh Power Services Ltd. plunged by 44.46% year-over-year, underperforming the NIFTY50 index's loss of 7.58%.

 
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