Rajesh Power shares: Up 12% in one month! Will rally continue as order book expands 35% after ₹1629 crore mega order?
60-Word AI Digest
Rajesh Power’s order book has grown 35% to about ₹5,400 crore after securing a ₹1,628.74 crore Gujarat distribution-network contract, due for completion in 24 months. Shares recently rebounded, but analysts recommend waiting: the stock is consolidating between ₹800 support and ₹900 resistance.
Key Takeaways
- Rajesh Power’s order book has grown 35% to about ₹5,400 crore after securing a ₹1,628.74 crore Gujarat distribution-network contract, due for completion in 24 months.
- Shares recently rebounded, but analysts recommend waiting: the stock is consolidating between ₹800 support and ₹900 resistance.
- Full details and original dispatch available below.
Rajesh Power’s order book has grown 35% to about ₹5,400 crore after securing a ₹1,628.74 crore Gujarat distribution-network contract, due for completion in 24 months. Shares recently rebounded, but analysts recommend waiting: the stock is consolidating between ₹800 support and ₹900 resistance.
Original Publisher Attribution
This summary was curated from Livemint.