{"id":302252,"date":"2026-10-12T13:36:51","date_gmt":"2026-10-12T08:06:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=302252"},"modified":"2026-10-12T13:36:51","modified_gmt":"2026-10-12T08:06:51","slug":"rajesh-power-services-shares-jump-5-percent-rs-472-crore-order-win-boosts-order-book-close-to-rs-4000-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/rajesh-power-services-shares-jump-5-percent-rs-472-crore-order-win-boosts-order-book-close-to-rs-4000-crore\/","title":{"rendered":"Rajesh Power Services Shares Jump 5% as Rs 472 Crore Order Win Boosts Order Book Close to Rs 4,000 Crore: MGVCL Contract, Rs 747 Open and Rs 789 High, FY26 Numbers, 50% Fall in a Year and Risks"},"content":{"rendered":"

Rajesh Power Services shares: open Rs 747, high Rs 789 on 12 Oct. Order Rs 471.92 cr from MGVCL, 18 months. Order book about Rs 4,000 cr. FY26 revenue Rs 1,627.94 cr (+52%), PAT Rs 143.20 cr. Stock down about 50% in a year.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Rajesh Power Services shares rose about 5% to 8% on 12 October after the company won a turnkey order worth Rs 471.92 crore, reported as Rs 472 crore, from Madhya Gujarat Vij Company Limited, opening at Rs 747 and touching a high of Rs 789 in BSE trade. The order adds over 10% to the order book, which the chairman puts at about Rs 4,000 crore, and it covers converting 11 kV overhead lines to covered conductors and building underground cable networks in Gujarat over 18 months. The order equals about 29% of FY26 revenue of Rs 1,627.94 crore (my calculation from the reported figures), yet the stock is still down about 50% in a year and about 50% below its 52-week high of Rs 1,554.70, and operating cash flow was negative at Rs 41.42 crore. The win improves revenue visibility but depends on timely execution and payments from utilities, so investors should check execution, working capital and Gujarat concentration before acting.<\/p>\n<\/p><\/div>\n

Rajesh Power Services shares fell about 50% in a year before this order, which makes the 12 October jump a test of whether new orders can change the trend. The company is an Ahmedabad-based engineering, procurement and construction firm in the power transmission and distribution space.<\/p>\n

This article explains the order, how it changes the order book, the FY26 financials, why Rajesh Power Services shares fell so much, the opportunities and the risks, so you can judge the stock from the numbers.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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