RMC Switchgears is currently trading at Rs. 398.85, up by 33.45 points or 9.15% from its previous closing of Rs. 365.40 on the BSE.
The scrip opened at Rs. 368.00 and has touched a high and low of Rs. 399.95 and Rs. 368.00 respectively. So far 6250 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 1023.00 on 31-Jan-2025 and a 52 week low of Rs. 300.00 on 14-Jan-2026.
Last one week high and low of the scrip stood at Rs. 399.95 and Rs. 323.00 respectively. The current market cap of the company is Rs. 421.02 crore.
The promoters holding in the company stood at 52.09%, while Institutions and Non-Institutions held 3.09% and 44.82% respectively.
RMC Switchgears has received Letters of Intent (LoI) amounting to Rs 27.94 crore (inclusive of all taxes) from Aarka Corporation for supply of Fiber Reinforced Plastic (FRP) Fencing for fixing and distribution transformer Centres at various locations given under Bhandup, Kalyan, Nashik, Pune Zone as per the manufacturing milestone schedule.
RMC Switchgears is primarily engaged in the business of ‘Switchgear Engineering’, ‘ECI contracts for power distribution / transmission sector’ and ‘PVC Marble and Sold Surface’.
