India, Nov. 4 -- The Ahmedabad-based power transmission and distribution contractor, listed on the BSE, has secured a fresh turnkey contract from a Gujarat state utility. The award arrives just after its half-yearly results and adds a large block of work to an already healthy pipeline, with delivery spread across the next two years.

The Nifty 50 traded at 23,780, down 0.13%, while the Sensex fell 0.12% to 76,814 on Wednesday. Following this, Shares of Rajesh Power Services Ltd are trading at Rs. 821.00, up 3.18 percent on Wednesday. The stock touched the intraday high of Rs. 834.00 after opening at Rs. 808.50 before slipping to a low of Rs. 787.00. The company commands a market capitalization of Rs. 1,485.61 crore.

Gujarat Utility Hand...