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RMC Switchgears bags order of Rs14.24 crore; Stock jumps 3%

23 Nov 2022 , 09:17 AM

Stock Market Trader, Stock Trader, Trading

RMC Switchgears Limited has announced the receipt of Letter of Award of Rs14,24,48,586/- (Rupees Fourteen Crores Twenty Four Lakhs Forty Eight Thousand Five Hundred Eighty Six only).

As per the regulatory filing, the company has secured the order by the Government of Andhra Pradesh.

The project is planned to be completed within the next quarter, the company said on Tuesday.

On Wednesday, at around 9:16 AM, RMC Switchgears was trading at Rs303.95 per share higher by 3.05% on the BSE.

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