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Rajesh Exports gains as RBI hikes export credit refinance limit to 50%

18 Jun 2012 Evaluate

Rajesh Exports has been on gaining spree after Reserve Bank, to further augment liquidity and encourage banks to increase credit flow to the export sector, increased the limit of export credit refinance from 15% of outstanding export credit of banks to 50% in its mid-quarter monetary policy review. A move, which will potentially release additionally liquidity of over Rs 300 billion, equivalent to about 50 basis points reduction in the Cash Reserve Ratio (CRR).

Rajesh Exports is currently trading at Rs 132.00, up by 1.85 points or 1.42% from its previous closing of Rs 130.15 on the BSE.

The scrip opened at Rs. 130.25 and has touched a high and low of Rs 132.25 and Rs 130.25 respectively. So far 150641 shares were traded on the counter.

The BSE group 'B' stock of face value Re 1 has touched a 52 week high of Rs 151.00 on 31-Oct-2011 and a 52 week low of Rs 88.30 on 20-Jun-2011.

Last one week high and low of the scrip stood at Rs 134.00 and Rs. 122.30 respectively. The current market cap of the company is Rs 3867.91 crore.

The promoters holding in the company stood at 50.51% while Institutions and Non-Institutions held 19.92% and 29.57% respectively.

Rajesh Exports Share Price

125.34 -1.36 (-1.07%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4526.30
Kalyan Jewell.India 426.90
Rajesh Exports 125.34
Senco Gold 326.45
Thangamayil Jeweller 4205.90
View more..

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