Stock of this SME electrical equipment maker has zoomed 500% in two months

RMC Switchgears hit a record high of Rs 264.25 on Friday, and has rallied a whopping 500 per cent in the past two months from a level of Rs 44, the BSE data shows.

Stock market rally, bull trading, Sensex, nifty

SI Reporter Mumbai
Shares of RMC Switchgears were locked at the 5 per cent upper circuit at Rs 264.25, also its record high on the BSE on Friday at 10:05 AM. The stock of this electrical equipment company was frozen at the upper circuit for the 41st straight trading day. In past two months, the stock zoomed a whopping 500 per cent from a level of Rs 44, the BSE data shows.

RMC Switchgears is engaged in manufacturing of LT/HT Distribution Boxes and Panels, Junction Boxes, Feeder Pillars, other Power Distribution, Circuit Protection Switchgears, PVC designer UV Sheets & Acrylic Solid Surface

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First Published: Oct 28 2022 | 11:09 AM IST

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