Rajesh Power bags ₹1,628.74-crore order from DGVCL for underground cables
A order wins & contracts development with market-wide reach.
· BS Companies
Under the project, Rajesh Power will convert existing 11/22 kV high-tension (HT) and low-tension (LT) overhead electricity distribution networks into underground cable…
The analysis
A large order lengthens revenue visibility, which is what the market pays a premium for in capital-goods and infra names.
Market context
- Sectors in the story: Power.
Power
1M -1.2% · 3M -10.6%
Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Adani Power shares gain 60% from 52-week low: What investors should know before entering the counter
Rajesh Power shares: Up 12% in one month! Will rally continue as order book expands 35% after ₹1629 crore mega order?
Stocks To Watch Today: Premier Energies, Axis Bank, M&M, Titan, Adani Power, ONGC & More
US-based KKR gets CCI nod to acquire stake in Gentari Renewables
Bhel bags orders worth up to ₹28,000 cr from Adani Power for four projects