Diversified commercial services company has confirmed new orders worth Rs 3,90,54,113 from various clients
The stock is up by 11 per cent from its 52-week low of Rs 127 per share.
Rulka Electricals Limited (REL), a leading provider of integrated electrical and firefighting services, has announced securing new orders totalling Rs 3,90,54,113, including GST, from various domestic clients. These orders encompass a diverse range of projects across multiple locations, including Karnataka, Maharashtra, and Telangana.
The confirmed orders primarily involve the procurement, installation, testing, and commissioning of essential electrical infrastructure such as LT Panels, LT Cables, Cable Trays, and fixtures for several warehouses. Additionally, REL will undertake the setup of fire detection and alarm systems, as well as crucial work for a Power Distribution Company in Satara, Maharashtra, involving 220/33 kV equipment. The execution of these orders is anticipated to be completed within the next 8 to 12 months.
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Headquartered in Mumbai, Rulka Electricals Limited (REL) provides a wide range of electrical services across India, including electrical panel installations, firefighting systems, solar EPC contracts, and turnkey electrical warehousing projects. The Company also specialises in maintenance services, data & voice cabling and is known for its electrical and firefighting contracting services on projects of various scales. REL serves a diverse clientele in sectors such as industrial, commercial, retail, warehousing and entertainment.
On Tuesday, shares of Rulka Electricals Limited gained 3.67 per cent to Rs 141 per share from its previous closing of Rs 136 per share. The company has a market cap of Rs 60 crore. The stock is up by 11 per cent from its 52-week low of Rs 127 per share.
Disclaimer: The article is for informational purposes only and not investment advice.