RACL Geartech inches up on bagging order from customer based in Brazil
RACL Geartech is currently trading at Rs. 1325.80, up by 1.95 points or 0.15% from its previous closing of Rs. 1323.85 on the BSE.
The scrip opened at Rs. 1305.60 and has touched a high and low of Rs. 1350.35 and Rs. 1305.60 respectively. So far 470 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1933.15 on 17-Sep-2026 and a 52 week low of Rs. 924.90 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 1503.25 and Rs. 1296.75 respectively. The current market cap of the company is Rs. 1576.54 crore.
The promoters holding in the company stood at 42.70%, while Institutions and Non-Institutions held 12.44% and 44.86% respectively.
RACL Geartech has received an order from a customer based in Brazil for the supply of engine timing gears for commercial vehicles and stationary engines.
This order marks a significant milestone for the company as it facilitates its entry into the Latin American market, thereby expanding its global footprint and strengthening its international business presence. The development is in line with the company's strategic objective of diversifying its geographical reach and increasing export revenues.
