Rajoo Engineers touches roof on making significant investment to expand ‘Yantralaya’
Rajoo Engineers is currently trading at its upper circuit limit of Rs. 375.10, up by 17.85 points or 5.00% from its previous closing of Rs. 357.25 on the BSE.
The scrip opened at Rs. 375.10 and has touched a high and low of Rs. 375.10 and Rs. 375.10 respectively. So far 82252 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 443.90 on 07-Oct-2024 and a 52 week low of Rs. 70.95 on 16-Nov-2023.
Last one week high and low of the scrip stood at Rs. 416.00 and Rs. 357.25 respectively. The current market cap of the company is Rs. 4394.50 crore.
The promoters holding in the company stood at 66.56%, while Institutions and Non-Institutions held 0.18% and 33.25% respectively.
Rajoo Engineers has made significant investment to expand its ‘Yantralaya’ - the machine shop with advanced Japanese machinery to boost core manufacturing and production capabilities.
This significant enhancement boosts the company’s production capacity by 40%, while elevating precision, efficiency, and Total Quality Management (TQM) standards. This expansion enables meet rising global demand for high-quality extrusion machinery with minimum human intervention during the set production and reduced dependency on manual processes.
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.