Rajesh Power Gets New Order of Rs 59.79 Crore
By Ankur Chandra | Updated at: Jan 7, 2026 02:34 PM IST
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
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
