Rishabh Instruments’ wholly owned subsidiary -- Lumel SA has signed a contract with a leading Germany based company operating in the energy sector. The contract, valued at around Rs 50 crore, covers the supply of advanced electronic devices that will play a critical role in supporting industrial automation initiatives within the energy industry. This agreement is valid through the end of 2026, with strong potential for extension based on performance and evolving project needs.
This strategic partnership stems from several months of collaborative development and engineering efforts between the teams at Lumel SA and the German company. The resulting products are tailored solutions, engineered to address the specific technical and operational requirements of the energy sector.
Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including power, automotive and industrial sectors.
| Company Name | CMP |
|---|---|
| Havells India | 1230.25 |
| Siemens | 3604.70 |
| Apar Inds | 12844.45 |
| ABB India | 6382.45 |
| Waaree Energies | 3209.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: