New Delhi, June 16 -- Shares of Rulka Electricals, a small-cap company, hit the 5% upper circuit limit in Monday's intraday session, June 16, to reach the day's high of Rs.136.50 apiece. This sharp rally came after the company announced it had secured multiple new orders for Electrical Contracting Services (ECS)

In an exchange filing today, the company informed investors that it received fresh orders worth Rs.16.34 crore from various clients.

Rulka secured two warehouse-related contracts from a prominent real estate company in Bengaluru, Karnataka. The first order, valued at Rs.5.50 crore, involves the procurement and setup of transformers, DG sets, and internal and external electrical fittings for a warehouse, to be executed over eight...