Bonus Shares, Q2 Results On Oct 14: Engineering Stock Rises 150% In 90-Days

Small cap company Rajoo Engineers Ltd shares plummeted over 5% in last 1-week after rising by 285% so far in 2024. Last trading price of Rajoo Engineers Ltd shares on BSE is Rs 401.65 per share as on October 11, 2024. Board of Directors of Rajoo Engineers Ltd will hold meeting on October 14, 2024 to consider Q2 results and bonus shares. The company's market cap stood at Rs 4940.66 crore. ROE of Rajoo Engineers Ltd is 18.92 while PE is 218.72. Check details below:

Rajoo Engineers Ltd To Consider Financial Results, Bonus Share: According to the exchange filing of Rajoo Engineers, "the meeting of the Board of Directors of the Company will be held on Monday, October 14 to transact, inter alia, the following business:

1) To consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the Second Quarter and Half year ended September 30, 2024;
2) To take note of Limited Review Reports for the Second Quarter and Half year ended September 30, 2024; and
3) To consider a proposal for declaration and recommendation of Bonus Equity Shares subject to approval of shareholders of the Company.
4) To consider any other matter with the permission of the Chair."

Rajoo Engineers Ltd Shares Performance: The 52-week high price of Rajoo Engineers Ltd share on BSE is Rs 443.90 per share (as on 07/10/2024) and 52-week low price is Rs 46.90 per share (as on 12/10/2023), respectively. Rajoo Engineers shares gave stellar returns of 150% in last 3-months, zoomed 282% in last 6-months period, and rallied 773% in last 1-year.

Rajoo Engineers Dividend In 2024: Board of Directors on June 28, 2024 declared a final dividend of Re 0.125 per equity share of Re 1 each. Rajoo Engineers fixed September 20, 2024 as the Record Date for the purpose of determining the eligibility of members for payment of final dividend.

Shareholding: FII/FPI have decreased holdings from 0.37% to 0.27% in June 2024 quarter. Number of FII/FPI investors remains unchanged at 12 in June 2024 quarter. Mutual Funds holding remains unchanged at 0.00% in June 2024 quarter. Institutional Investors have decreased holdings from 0.37% to 0.27% in June 2024 quarter.

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