RACL Geartech zooms on bagging supply order for transmission gears for premium motorcycles
RACL Geartech is currently trading at Rs. 1002.10, up by 140.85 points or 16.35% from its previous closing of Rs. 861.25 on the BSE.
The scrip opened at Rs. 938.95 and has touched a high and low of Rs. 1033.50 and Rs. 902.05 respectively. So far 19296 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1119.95 on 27-May-2025 and a 52 week low of Rs. 648.40 on 19-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1033.50 and Rs. 817.00 respectively. The current market cap of the company is Rs. 1187.71 crore.
The promoters holding in the company stood at 42.68%, while Institutions and Non-Institutions held 11.63% and 45.70% respectively.
RACL Geartech has been awarded a prestigious long-term supply order for Transmission Gears for Premium Motorcycles from a Globally renowned Indian manufacturer. The awarded business marks a significant milestone for the company, as it steps into Domestic Mass market of Motorcycle Industry, while maintaining its core business strategy of premium segment. The aforesaid order is a testament to the company’s technological capabilities and manufacturing excellence.
RACL Geartech is a leading provider of automotive components in India and is a globally renowned enterprise.
