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Rajesh Power Services Limited stock rises 2.06% after securing Rs 69 crore turnkey contract from UGVCL

14-Oct-26 13:45Hrs IST

Rajesh Power Services Ltd. is up 2.06% to Rs 785.95, building on recent momentum that has seen the stock gain 4.44% over the last one week.

Rajesh Power Services Limited announced it has received a turnkey contract from Uttar Gujarat Vij Company Limited (UGVCL) for Rs 69 Crores (including taxes) to shift existing electrical networks across the Sabarmati and Mehsana Circle, incorporating GIS Mapping, Geo Urja Mapping, and asset tagging under the ND SCHEME. The project, awarded on October 14, 2026, is expected to be completed within 12 months and does not involve any related party transactions; the company disclosed the information in compliance with SEBI’s Listing Regulations.

Rajesh Power Services Ltd. shares saw a trading volume of 33400 today, a significant increase of 279.55% compared to the average volume over the last one week. Rajesh Power Services Ltd. plunged by 47.65% year-over-year, underperforming the 9.93% loss registered by the NIFTY50 index.

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