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RMC Switchgears hits 5% upper circuit after BSE main board approval, set to list on NSE from April 1

News by Aliceblue News Desk

01 Apr 2026

RMC Switchgears hits 5% upper circuit after BSE main board approval, set to list on NSE from April 1

Introduction

Leading switchgear manufacturer received approval to migrate equity shares to BSE and NSE Main Boards from April 1, 2026, enhancing market visibility and investor participation.

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Share price movement of RMC Switchgears

On April 01, 2026, RMC Switchgears Ltd opened at ₹370.50, up 4.93% from its previous close of ₹353.25. The stock reached a high of ₹370.90 (5.00%) and a low of ₹370.00. By 12:57 PM, it traded at ₹370.90, a 5.00% increase, with a market cap of ₹392.30 crore.

RMC Switchgears Joins BSE, NSE

RMC Switchgears Limited has received approvals to migrate its equity shares from BSE SME Platform to the Main Board of BSE. The listing on NSE Main Board is effective April 1, 2026.

The company expects enhanced visibility, wider participation from retail and institutional investors, and stronger engagement with the investment community. Management thanked shareholders for their continued trust and support.

Stock performance of RMC Switchgears for period of 1 week, 6 months, and 1 year

RMC Switchgears Ltd delivered a 1-week return of -9.72%, a 6-month return of -52.2%, and a 1-year return of -52.1%.

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Shareholding pattern of RMC Switchgears

ParticularsDec 2025Sep 2025Jun 2025
Promoter52.10%52.10%52.10%
FII2.70%4.80%5.10%
DII0.40%1.00%0.80%
Public44.80%42.10%42.10%

About RMC Switchgears

RMC Switchgears Ltd (NSE: RMC), incorporated in 1994, provides switchgear engineering, smart meter enclosures, and electrical infrastructure solutions, supporting power distribution and transmission across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is RMC Switchgears Ltd share price rising today?

A: RMC Switchgears Ltd share price rose after the company received approval to migrate to BSE and NSE Main Boards.

Q: What is RMC Switchgears Ltd’s main business focus?

A: RMC Switchgears Ltd specialises in switchgear engineering, smart meter enclosures, and electrical infrastructure solutions for power distribution and transmission.

Q: What are the 52-week high and low of RMC Switchgears Ltd stock?

A: RMC Switchgears Ltd has a 52-week high of ₹897.00 and a 52-week low of ₹300.00.

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