Diversified Commercial Services Company Bags Rs 3,74,47,636 Orders from Various Clients across India

The stock is up by 41 per cent from its 52-week low of Rs 132 per share.

Rulka Electricals Limited (REL), a well-known integrated electrical and firefighting services provider, has recently secured new work orders from various domestic clients for various projects. These orders encompass electrical works, firefighting works, and solar system work across different locations. These contracts' significant terms and conditions align with the company's business plan and have been carefully reviewed and approved by the Management Committee, underscoring REL's established credentials and potential in the sector. These new acquisitions, totalling an aggregate order size of Rs 3,74,47,636, are slated for execution within the next two to three quarters, further solidifying REL's growth trajectory in the market.

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.

The company has a market cap of over Rs 70 crore with an ROE of 63 per cent and an ROCE of 51 per cent. The stock is up by 41 per cent from its 52-week low of Rs 132 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.