India, March 6 -- The shares of the power company, specializing in power transmission and distribution services as a leading EPC contractor, jumped upto 3 percent, upon signing a Battery Energy Storage Purchase Agreement(BESPA) with state-run Gujarat Urja Vikas Nigam Limited (GUVNL).

With a market capitalization of Rs. 1,636.87 Crores on the day's trade, the shares of Rajesh Power Services Ltd rose by 2.9 percent after making a high of Rs. 916.00 compared to its previous closing price of Rs. 890.00.

What Happened Rajesh Power Projects Private Limited, a wholly-owned subsidiary of Rajesh Power Services Limited (RPSL), has signed a Battery Energy Storage Purchase Agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Limited for a 65 ...