Rajoo Engineers is currently trading at Rs. 235.00, up by 3.80 points or 1.64% from its previous closing of Rs. 231.20 on the BSE.
The scrip opened at Rs. 242.25 and has touched a high and low of Rs. 242.25 and Rs. 228.00 respectively. So far 331018 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 248.00 on 12-Feb-2024 and a 52 week low of Rs. 25.40 on 24-Apr-2023.
Last one week high and low of the scrip stood at Rs. 242.25 and Rs. 210.45 respectively. The current market cap of the company is Rs. 1445.36 crore.
The promoters holding in the company stood at 66.49%, while Institutions and Non-Institutions held 0.51% and 32.99% respectively.
Rajoo Engineers has inaugurated its expanded facility in Rajkot. This expansion marks a significant milestone in the company's journey, as it triples its manufacturing capacity to meet growing demands and enhance operational efficiency. The expansion is a spacious structure on the adjacent 28,210 sq.ft of land acquired last August. The expanded facility will increase the manufacturing capacity by 30%. Dedicated space for Quality control will help the company to enhance the customer experience.
The company has made a significant investment in the production plant, which spans across 18,000 sq.ft and stands at a height of 100 ft and an additional 7,000 sq.ft for the QCA. This investment underscores the company’s commitment to innovation, stringent quality standards, growth, and customer satisfaction. Equipped with advanced technology, the expanded facility is poised to revolutionize the production landscape, catering to diverse global requirements with unparalleled precision and reliability.
Rajoo Engineers is leading manufacturer and supplier of supreme quality FOILEX- Monolayer Blown Film Lines, AQUAFLEX - Downward Extrusion Blown Film Lines, MULTIFOIL - Multilayer Blown Film Lines, LAMiNA PS-PP-ABS-rPET-EVA Sheet Lines, etc.
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