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RMC Switchgears surges on bagging LoAs worth Rs 100.19 crore

RMC Switchgears Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 540358 | NSE: RMC

01 Oct 2025 Evaluate

RMC Switchgears is currently trading at Rs. 722.00, up by 22.60 points or 3.23% from its previous closing of Rs. 699.40 on the BSE.

The scrip opened at Rs. 714.00 and has touched a high and low of Rs. 734.80 and Rs. 680.00 respectively. So far 31250 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1214.00 on 18-Dec-2024 and a 52 week low of Rs. 518.00 on 13-Mar-2025.

Last one week high and low of the scrip stood at Rs. 770.00 and Rs. 680.00 respectively. The current market cap of the company is Rs. 761.84 crore.

The promoters holding in the company stood at 52.07%, while Institutions and Non-Institutions held 5.85% and 42.07% respectively.

RMC Switchgears has received two letters of awards (LOAs) totalling around Rs 100.19 crore from Suncity Urja. Out of the total, the company has secured first work order worth around Rs 66.39 crore for the supply & erection of Items for the various activities of development of distribution infrastructure at Jhalawar Circle of Jaipur Discom of Rajasthan State Under RDSS On Turnkey Basis.

The company has secured another work order worth around Rs 33.80 crore for the supply and development of distribution infrastructure For Loss Reduction Works At Kota Circle Of Rajasthan Under Revamped Reforms-Based And Results-Linked, Distribution Sector Scheme.

The work orders are to be commenced within 7 days from the date of award of the LOAs and to be completed as per the program schedule provided by the Project Manager/Engineer-in-Charge/Site Engineer.

RMC Switchgears is primarily engaged in the business of ‘Switchgear Engineering’, ‘ECI contracts for power distribution / transmission sector’ and ‘PVC Marble and Sold Surface’.

RMC Switch Share Price

420.75 20.00 (4.99%)

15-Apr-2026 16:59 View Price Chart

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RMC Switchgears surges on bagging LoAs worth Rs 100.19 crore

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