Bengaluru, July 7 -- Synopsis: The shares of Rulka Electricals jumped 5 percent post securing a contract valued at Rs 34 crore from various clients, which is more than half of its market cap.

The shares of this electrical and firefighting solutions company jumped by 5 percent after it bagged a contract worth Rs 34.23 crore in the airport and warehouse segments. In this article, we will discuss more on it further.

With a market capitalisation of Rs 59.2 crore, the shares of Rulka Electricals Ltd are currently trading at Rs 139 per share, down by 79 percent from its 52-week high of Rs 656.95 per share. In the last one year, the stock has corrected by over 76 percent.

Rulka Electricals has secured new orders worth about Rs 34.23 crore (in...