Lakshya Powertech Secures ₹642 Crore O&M Contract in Rajasthan
Lakshya Powertech has secured a major operations and maintenance contract worth ₹642 crores in Rajasthan, representing a significant business milestone for the SME. The contract value substantially exceeds the company's current market capitalization of ₹116 crores, highlighting the scale and potential impact of this business development on the company's operations and growth prospects.
Lakshya Powertech, an SME with a ₹200 crore market cap, has won two orders totaling ₹14 crore in the power sector. The orders, representing 7% of the company's market cap, are to be completed within 4 months. This development could significantly boost short-term revenue, demonstrate operational efficiency, and enhance market confidence in the company's competitive capabilities.