Neutral impactOrders & Deals

Rajesh Power shares: Up 12% in one month! Will rally continue as order book expands 35% after ₹1629 crore mega order?

Mint 16 min ago·5 Nov 2026, 7:27 am

Rajesh Power’s order book has grown 35% to about ₹5,400 crore after securing a ₹1,628.74 crore Gujarat distribution-network contract, due for completion in 24 months. Shares recently rebounded, but analysts recommend waiting: the stock is consolidating between ₹800 support and ₹900 resistance.

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  • Category: Orders & Deals.

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Rajesh Power shares: Up 12% in one month! Will rally continue as order book expands 35% after ₹1629 crore mega order?