New Delhi, June 18 -- Multibagger small-cap stock in focus today: Rajesh Power Services, a small-cap company with a market capitalization of Rs.2,700 crore, extended its upward run for the third consecutive session, gaining another 2% in intraday trade on Wednesday to reach Rs.1,540 per share. The rally followed news of the company securing another order, boosting investor sentiment toward the stock.
In a regulatory filing today, the company informed investors that it had secured a Rs.60 crore order from Gift Power Company Limited for distribution and backup power systems in the SEZ and DTA areas of GIFT City. The project is expected to be executed over a period of 18 months.
The company has received orders from Gift Power Company Limit...
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