RMC Switchgears jumps 5% after ₹59 cr Rajasthan Govt order
RMC Switchgears jumped 4.9 percent to hit an intraday high of ₹771.80 after bagging a ₹59.12 crore LOI from Jaipur Vidyut Vitran Nigam Limited. The 15-month turnkey project under RDSS boosts its order book of ₹1,035.47 crore, or 3.25 times FY25 revenue. Half-yearly net profit rose 110 percent and sales more than doubled.