Rajesh Exports spurts on plan of foraying into Gold Finance Business

27 Jan 2015

Rajesh Exports is currently trading at Rs. 184.25, up by 23.15 points or 14.37% from its previous closing of Rs. 161.10 on the BSE.

The scrip opened at Rs. 160.50 and has touched a high and low of Rs. 186.50 and Rs. 158.80 respectively. So far 309523 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 202.15 on 24-Jun-2014 and a 52 week low of Rs. 74.65 on 21-Mar-2014.

Last one week high and low of the scrip stood at Rs. 170.20 and Rs. 142.00 respectively. The current market cap of the company is Rs. 5373.73 crore.

The promoters holding in the company stood at 53.86 % while Institutions and Non-Institutions held 19.58 % and 26.56 % respectively.

Rajesh Exports is eyeing to form a division for foraying into Gold Finance Business, by utilizing its existing retail network of 81 retail showrooms and to apply for permissions and the required licenses for foraying into the Gold Finance Business.

Rajesh Exports with its undivided focus and expertise has grown to be the largest gold jewellery manufacturing company in the world. It is also the lowest cost gold Jewellery manufacturing company in the world.

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Rajesh Exports Share Price

504.10 -12.70 (-2.46%) Mar 05, 18:59
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323