Rajesh Power Gets New Order of Rs 59.79 Crore

Authored By Ankur Chandra | Last Modified: Jan 7, 2026 02:34 PM IST

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Ahmedabad, June 18 – Rajesh Power Services Ltd (BSE: 544291) has recieved a significant domestic order from Gift Power Company Ltd. worth ₹59.79 crore. The company has announced its receipt, which involves the Distribution & Backup power system in the SEZ Area & DTA Area of GIFT City, Gandhinagar. The contract is scheduled for execution over 18 months.

Order Disclosure: As Per SEBI Regulation 30

The company disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, and accompanying circulars:

Particular	Details
Client	Gift Power Company Ltd, GIFT City, Gandhinagar
Project Scope	Distribution & Backup Power Systems
Areas Covered	SEZ & DTA Zones of GIFT City
Key Components	Grid Power, Backup Systems, Feeder Expansion
Order Size	₹59.79 crore
Execution Timeline	18 months
Transaction Type	Domestic
Related Party Involvement	Not Applicable

Stock Price Movement Over One Month

Rajesh Power’s stock has risen and has appreciated sharply over the last month. The stock has appreciated by over 73%, from ₹871.15 on May 17 to ₹1508.05 on June 17.

Date	Closing Price (₹)
May 17, 2025	871.15
June 17, 2025	1508.05
Change (%)	+73.15%

The announcement has emerged as an indication of strong market participation, as trading volumes also surged to 4.18 lakh shares on June 17.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/521670bd-8f27-4f03-a53e-4b3c4397e0cf.pdf

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