01-01-1970 12:00 AM | Source: Accord Fintech
Rajesh Exports zooms after its arm enters into MoU with Telangana Government
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Rajesh Exports is currently trading at Rs. 556.90, up by 24.05 points or 4.51% from its previous closing of Rs. 532.85 on the BSE.

The scrip opened at Rs. 530.00 and has touched a high and low of Rs. 562.90 and Rs. 522.00 respectively. So far 98895 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 994.50 on 17-Jan-2022 and a 52 week low of Rs. 516.05 on 13-Jun-2022.

Last one week high and low of the scrip stood at Rs. 567.50 and Rs. 516.05 respectively. The current market cap of the company is Rs. 16395.79 crore.

The promoters holding in the company stood at 54.05%, while Institutions and Non-Institutions held 29.15% and 16.80% respectively.

Elest, a subsidiary of gold retailer Rajesh Exports, has entered into a memorandum of understanding (MoU) with the Government of Telangana for setting up an AMOLED Display FAB for manufacture of AMOLED Display Units with an investment of Rs 24,000 crore.

Rajesh Exports is the largest Manufacturer of gold products in the world. The Company is also the largest refiner of gold in the world. The company exports its products to various countries around the world and also supplies its products in wholesale market and jewellery showrooms across India.