Electrical and fire-fighting solutions company bags new orders worth Rs 13,43,39,129 from various clients across India
The stock is up by 65 per cent from its 52-week low of Rs 326.75 per share.
Rulka Electricals Ltd announced the confirmation of new orders totalling Rs13,43,39,129. The detailed breakdown of these orders includes Vertical Warehouse Holdings Private Limited's civil work in Haryana for Rs 4,08,81,530, fire work for Rs 1,65,12,507, and electrical work for Rs 1,75,69,728. Additionally, Palra Estate Private Limited's steel bar and angle work in Haryana amounts to Rs 8,75,364, and Indospace Industrial Park Pvt Ltd.'s fire work in Chakan, Maharashtra totals Rs 5,85,00,000. These projects are expected to be completed within the current financial year, reflecting Rulka Electricals' ongoing growth and success.
Earlier, the company securing new orders worth Rs 1,20,85,646 from clients including Narhen Induslogic, Indospace, and Horizon Industrial Parks across Maharashtra, Haryana, Telangana, and Tamil Nadu. These orders, encompassing both electrical and fire work projects, demonstrate the company's strong market presence and ability to deliver on electrical and fire work projects for leading industrial and real estate entities, with a commitment to completing these projects within the current financial year.
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About the Company
Rulka Electricals Ltd, established in 2013, is a one-stop shop for electrical and fire-fighting solutions. They offer a wide range of services including design, supply, installation, testing and commissioning for various sectors like industrial, commercial, retail and theatre. Their core expertise lies in turnkey electrical projects encompassing everything from materials and labour to engineering, design and consulting. Additionally, they provide customized annual maintenance services with dedicated teams to ensure consistent and high-quality upkeep of electrical systems.
The company has a market cap of Rs 218 crore with an ROE of 110 per cent and an ROCE of 84 per cent. The stock is up by 65 per cent from its 52-week low of Rs 326.75 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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