Power utility stock jumps 5% as Rs.472 crore order win boosts company's order book close to Rs.4000 crore
Stock market today, Oct. 12 -- Despite selling pressure across key Indian stock market indices - Nifty 50 down 150 points, BSE Sensex down over 550 points and the Bank Nifty index down by around 400 points at 1:15 PM, some utility stocks are performing well, defying the odds. Shares of Rajesh Power Services Ltd are one of them. This power utility stock is one of the beaten-down stocks on Dalal Street. Shares of Rajesh Power Services Ltd today opened with an upside gap at Rs.747 apiece on the BSE and soon touched an intraday high of Rs.789 per share, clocking an intraday rise of around 5%. Rajesh Power shares witnessed high buzz among Dalal Street bulls after the massive Rs.471.92 crore order win, fueling the company's order book close to ...
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