Integrated Electrical & Fire Fighting Services Provider Secures New Work Orders Worth Rs 3,94,65,749 From Various Clients
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
Rulka Electricals Limited (REL) has secured new orders worth Rs 3,94,65,749 from various clients across India. These orders encompass a range of electrical and firefighting services, including electrical work for warehouses, residential properties, and fire alarm systems. The projects are strategically located in Maharashtra, Telangana, Andhra Pradesh, and Haryana, showcasing REL's expanding geographical footprint and diverse clientele.
Earlier, the company secured 22 new work orders in November 2024, totalling Rs 32.81 crore. ‘With these new orders, the Company’s total order book stands at Rs 58.79 crore as of November 2024, with revenues expected to be realized over the next 15 to 18 months. Notable clients contributing to these new orders include Avenue Supermart Limited (Dmart), Indospace Industrial Park Pvt Ltd., Horizon Industrial Park Pvt Ltd. (Blackstone Group), Palava Industrial Park Private Limited (Lodha Group), ILV Industrial Parks Private Limited, DBG Estate Pvt Ltd. (Welspun), Runwal Developers Private Limited, Power of One Logistics Park Pvt Ltd. (Ascendance), and CN Tech Engineers Private Limited (CN WATER).
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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 7.40 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.