Rajoo Engineers rises on bagging order worth $15 million
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Rajoo Engineers is currently trading at Rs. 346.65, up by 0.90 points or 0.26% from its previous closing of Rs. 345.75 on the BSE.
The scrip opened at Rs. 363.00 and has touched a high and low of Rs. 363.00 and Rs. 340.00 respectively. So far 2778667 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 363.00 on 11-Sep-2024 and a 52 week low of Rs. 35.51 on 12-Sep-2023.
Last one week high and low of the scrip stood at Rs. 363.00 and Rs. 281.20 respectively. The current market cap of the company is Rs. 4465.23 crore.
The promoters holding in the company stood at 66.56%, while Institutions and Non-Institutions held 0.27% and 33.16% respectively.
Rajoo Engineers has bagged order worth $15 million from one of its overseas customer for supply of plastic extrusion machine. This project will likely contribute to advancements in packaging technology and product shelf life, solidifying the company's leadership in the field.
The company has also signed agreement for the same. This agreement not only highlights the company's expertise and ability to innovate but also demonstrates the trust and confidence customers have in the the company’s ability to deliver cutting-edge solutions.
Rajoo Engineers is leading manufacturer and supplier of supreme quality FOILEX- Monolayer Blown Film Lines, AQUAFLEX - Downward Extrusion Blown Film Lines, MULTIFOIL - Multilayer Blown Film Lines, LAMiNA PS-PP-ABS-rPET-EVA Sheet Lines, etc.
