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 -3.0% · 3M -10.9%
Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Singapore court orders seizure, sale of Tata Power's subsidiary shares
Tata Power commissions 300 MW solar project in Karnataka, to cut 1 lakh tonnes of carbon emissions yearly
Q2 results, order win drive Symbiotec Pharma 20% higher to new high
BSE Capital Goods index slips 4%; Thermax, Apar, Astral tank up to 20%
Mumbai's Air Quality Worsens, Yet BMC Moves To Concretise Another 311 km Of Roads