The rise in RMC Switchgears share came after it announced that it has signed a MoU with Rajasthan govt to set up state's first-of-its-kind 1000 MW Ultra Mega Solar Park with integrated battery storage
The rise in stock price came after the company announced that its subsidiary RMC Green Energy has secured approval from Rajasthan Renewable Energy Corporation to set up a 50 MW RE park in Rajasthan.