In a surprising turn of events on April 7, 2025, a small-cap stock managed to shine amid a turbulent market, with Rajoo Engineers witnessing a nearly 3% increase in its share price during intraday trading on the Bombay Stock Exchange (BSE). While the broader market faced a significant downturn, with the Sensex plummeting by 5% and the BSE Smallcap index dropping over 10%, Rajoo Engineers secured a positive trajectory that caught the attention of investors.
Rajoo Engineers Defies Market Trends
Opening at ₹108.01, Rajoo Engineers saw its share price rise to ₹115.70, marking a notable 2.7% increase. As of 12:45 PM, the stock was trading at ₹115.57, reflecting a 2.55% gain. In stark contrast, the Sensex was down a staggering 3,147 points or 4.18%, settling at 72,217.
- Current Share Price: ₹115.57
- Previous Close: ₹112.70
- Sensex Decline: 4.18% (3,147 points)
Impressive Multibagger Performance
Rajoo Engineers has made headlines for its incredible performance over the years. In the past five years, this multibagger stock has skyrocketed by an astonishing 3,657%. Over the last three years, it has experienced a remarkable 854% gain. Additionally, in the past year alone, the stock has recorded a 42% increase.
- 5-Year Gain: 3,657%
- 3-Year Gain: 854%
- 1-Year Gain: 42%
- 52-Week High: ₹332.93 (October 7)
- 52-Week Low: ₹77.51 (April 8, last year)
Future Endeavors: NSE Listing on the Horizon
In a significant development for the company, Rajoo Engineers has announced plans to apply for a listing on the National Stock Exchange (NSE). According to an official communication from the company, the board of directors approved this move during their meeting on April 7, 2025. The company stated, "This is to inform you that the board of directors has considered and approved to make an application for the listing of equity shares of the company on the National Stock Exchange of India (NSE) by way of a direct listing."
This strategic decision hints at the company’s ambitions to expand its market presence and enhance shareholder value.
Conclusion
Rajoo Engineers continues to be a standout stock in a challenging market, demonstrating resilience and potential for growth. With its impressive past performance and plans for an NSE listing, investors are keenly watching this multibagger stock for future developments.
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