Integrated Electrical & Fire Fighting Services Provider Has Confirmed New Orders From Various Clients Amounting To Rs 2,93,86,005
The company has a market cap of over Rs 130 crore with an ROE of 110 per cent and an ROCE of 84 per cent.
Rulka Electricals Limited (REL) has secured new orders worth Rs 2,93,86,005. These orders include three projects in Ahmedabad: Ahmedabad-1 (Rs 1,00,38,003), Ahmedabad-2 (Rs 97,98,213), and Ahmedabad-3 (Rs 95,49,790). All projects are located in Industrial Gujarat and involve electrical work. REL aims to complete these projects within the current financial year, demonstrating strong growth and a significant order book.
Earlier, Rulka Electricals Limited (REL) secured new orders worth Rs 3,94,65,749 from various clients. These orders, totalling Rs 58.79 crore as of November 2024, are expected to be realized over the next 15 to 18 months. The projects are strategically located across Maharashtra, Telangana, Andhra Pradesh, and Haryana, showcasing REL's expanding geographical footprint. Notable clients include Avenue Supermart Limited (Dmart), Indospace Industrial Park Pvt Ltd, and more.
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Headquartered in Mumbai, Rulka Electricals Limited provides a wide range of electrical services across India, including electrical panel installations, firefighting systems, solar EPC contracts and electrical warehousing projects. The Company also specializes in maintenance services, data & voice cabling, and is known for its electrical and firefighting contracting services on projects of various scales. REL serves a diverse clientele in sectors such as industrial, commercial, retail, warehousing, and entertainment.
The company has a market cap of over Rs 130 crore with an ROE of 110 per cent and an ROCE of 84 per cent. The stock is up by 7.50 per cent from its 52-week low of Rs 295 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.