RMC Switchgears hit an upper circuit limit of 5% at Rs 284.10 after the electrical equipment company has received a letter of award (LoA) of Rs 230.2 crore from the Maharashtra State Electricity Distribution Company under its EPC division.
The project will be completed within the next 12-18 months.RMC Switchgears is the largest electrical enclosure manufacturing company in India. It is the only enclosure focused company with end-to-end solution providers for electrical theft and accident protection. Largest single point manufacturing space of more than 8,00,000 sq. ft of workspace.
The company has current market capitalisation of Rs 173.08 crore on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app