Alice Blue Home
URL copied to clipboard

Trending News

Rajesh Power Services: Stock jumps 4% after signing MoU with Gujarat Govt for ₹4,754 Cr

Rajesh Power Services Limited signed MoUs with the Gujarat Government at Vibrant Gujarat 2025 to execute Rs 4,754 crore projects, creating over 33,000 jobs statewide.

Introduction

Leading power transmission company partners with Gujarat Government to execute Rs 4,754 crore projects, converting overhead HT lines to underground networks, expected to generate over 33,000 jobs across the state.

Alice Blue Image

Also Read: Crompton Greaves: Stock jumps after receiving order for supply of solar rooftop

Share price movement of Rajesh Power

On October 10, 2025, Rajesh Power Services Ltd opened at ₹1,580.00, up 4.1% from its previous close of ₹1,518.30. The stock reached a high of ₹1,624.95 and a low of ₹1,530.00. By 1:17 PM, it traded at ₹1,544.70, a 1.74% increase, with a market cap of ₹2,781.60 crore.

Rajesh Power Signs Rs 4,754 Crore MoUs

Rajesh Power Services Limited signed multiple MoUs with the Government of Gujarat at Vibrant Gujarat Regional Conference 2025. The agreements cover projects worth Rs 4,754 crore across the state.

The MoUs were signed by Rajesh Power Services Director Kaxil Patel and Gujarat Power Corporation MD Ajay Prakash in the presence of state and union ministers at Ganpat University, Mehsana.

Under the agreements, Rajesh Power Services will execute turnkey projects converting overhead HT lines into underground cable networks. The projects are expected to create employment for over 33,000 people in Gujarat.

Stock performance of Rajesh Power for Period of 1 week, 1 month, and 6 months

Rajesh Power Services Ltd delivered a 3.19% return over the past week. The stock gained 6.36% in the past month and 69.3% over the past six months.

Alice Blue Image

Also Read: Tata Steel: Stock jumps 3% after reporting strong production and delivery volumes in Q2 FY26

Shareholding pattern of Rajesh Power

ParticularsMar 2025Nov 2024
Promoter73%73.40%
FII0.80%2.30%
DII4.90%7.40%
Public20.90%16.90%

About Rajesh Power

Rajesh Power Services Ltd (NSE: RAJESH) provides consultancy and services in power infrastructure, specializing in renewable and non-renewable energy solutions, serving state utilities, private companies, and industries since its establishment in 1971.

Stay Ahead with the Latest Stock Market Updates – Click Here

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 Rajesh Power Services Ltd share price going up today?

A: Rajesh Power Services Ltd share price rose after signing multiple MoUs with Gujarat Government for projects worth Rs 4,754 crore.

Q: What does Rajesh Power Services Ltd specialize in?

A: Rajesh Power Services Ltd specializes in power infrastructure consultancy, renewable and non-renewable energy services, serving utilities, private companies, and industries.

Q: What is the market capitalization of Rajesh Power Services Ltd?

A: The market capitalization of Rajesh Power Services Ltd is ₹2,781.60 crore, reflecting its current equity valuation on the stock market.

Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News

*T&C apply