The company made this announcement during the trading hours today, 19 November 2007.

Meanwhile, BSE Sensex was up 88.13 points or 0.55% to 19,786.49.

On BSE 58,264 lakh shares were traded in the counter. The scrip had an average daily volume of 33,710 shares in the past one quarter.

The stock hit a high of Rs 234 and a low of Rs 228 so far during the day. The stock had a 52-week high of Rs 238 on 15 November 2007 and a 52-week low of Rs 86.50 on 16 November 2006.

The small-cap scrip had outperformed the market over the past one month till 16 November 2007, gaining 13.73% compared to the Sensexs return of 9.45%. It had underperformed the market in the past one quarter, rising 37.57% compared to Sensexs rise of 39.29%.

RTS Power Corporations current equity share capital is Rs 5.91 crore. Face value per share is Rs 10.

The current price of Rs 232.45 discounts its Q2 September 2007 annualized EPS of Rs 12.33 by a PE multiple of 18.85.

The company has bagged new orders for supplying 4735 transformers and 1621.6-kilometer cables for a number of turnkey projects from private sector players and state electricity boards (SEBs).

The company has bagged orders worth Rs 24 crore from Kalpataru Power Transmission for the supply of transformers. Apart from this, the company has bagged orders from Sterling & Wilson, Nagarjuna Construction, Ramky Infrastructure and Associated Transrail Infrastructure.

Recently the company had started production of single-phase transformers to meet the growing demand under Rajiv Gandhi Grameen Vidhhyutikaran Yojana (RGGVY). It has completed first phase of its expansion plan, including installation of its cable and conductor plant at Jaipur.

Further, the company has acquired land for expansion at its Salkia unit to manufacture transformers upto 25MVA, 66-kilo volt (KV) class transformers. The company plans to add new facilities to cater to the requirements of 220 KV class.

RTS Power Corporation's net profit rose 34.5% to Rs 1.60 crore on 14.8% fall in net sales to Rs 19.85 crore in Q2 September 2007 over Q2 September 2006.

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