Introduction
Leading Indian switchgear manufacturer has received a ₹42.23 crore LOI from Rajasthan Rajya Vidyut Prasaran Nigam. The contract covers 132 kV GSS construction, equipment supply, erection, testing, and commissioning work.
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Share price movement of RMC Switchgears
On November 24, 2025, RMC Switchgears Ltd opened at ₹555.10, up 0.54% from its previous close of ₹556.10. The stock reached a high of ₹555.10 (-0.18%) and a low of ₹520.00 (-6.47%). By 3:24 PM, it traded at ₹528.00 with a market cap of ₹555.82 crore.
RMC Switchgears Wins ₹42.23 Crore Order
RMC Switchgears Limited has received a Letter of Intent (LOI) from Rajasthan Rajya Vidyut Prasaran Nigam Limited. The LOI is valued at ₹42.23 crore for new 132 kV GSS project.
The contract covers construction of 132 kV GSS at Kalyanpur (Pachpadra), associated lines, bays, supply of equipment, civil works, erection, testing, and commissioning. The execution period is 18 months.
The order is expected to strengthen RMC Switchgears Limited’s order book and contribute to revenue growth. The company will update the stock exchange on further material developments as required.
Stock performance of RMC Switchgears for Period of 1 week, 6 months, and 1 year
RMC Switchgears Ltd delivered a 0.22% return over the past week, it declined by -32.4% in the past six months. The stock declined by -27.0% over the past year.
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Shareholding pattern of RMC Switchgears
| Particulars | Sep 2025 | Mar 2025 | Dec 2025 |
| Promoter | 52.10% | 52.10% | 52% |
| FII | 4.80% | 5.10% | 3.90% |
| DII | 1.00% | 0.80% | 0.90% |
| Public | 42.10% | 42.10% | 43.10% |
About RMC Switchgears
RMC Switchgears Ltd (BSE: 540358), incorporated in 1994, specializes in switchgear engineering and ECI contracts, manufacturing smart energy meter enclosures, distribution panels, and providing end-to-end EPC solutions for power distribution.
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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
A: RMC Switchgears Ltd share price is up after receiving a ₹42.23 crore LOI for 132 kV GSS construction and ETC work.
A: RMC Switchgears Ltd specializes in switchgear engineering, manufacturing smart energy meter enclosures, distribution panels, and providing EPC solutions for power distribution.
A: RMC Switchgears Ltd stock has a 52-week high of ₹1,214.00 and a 52-week low of ₹518.00.
