RMC Switchgears Limited receives order worth Rs. 56.68 crores

RMC Switchgears Limited has been awarded a significant work order by an AMISP provider on 03.06.2024 to the company for Supply of SMC Meter Enclosures for Smart Meters for the projects in PVVNL and MVVNL.

The value of work order is approx. Rs. 56.68 Crores including GST. The work order involves Design, Engineering, Manufacturing, Integration, Testing, Inspection, Packing, Supply, Transportation, and Insurance of SMC Box for Three Phase LT CT - Consumer & DT Meter.

Shares of RMC Switchgears Ltd was last trading in BSE at Rs. 426.90 as compared to the previous close of Rs. 406.60. The total number of shares traded during the day was 34125 in over 87 trades.

The stock hit an intraday high of Rs. 426.90 and intraday low of 387.00. The net turnover during the day was Rs. 13979137.00.

Source : Equity Bulls

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