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Rajoo Engineers's stock rallies over 2% today. Check why
Rajoo Engineers's shares climbed over 2% on Tuesday, July 29, to ₹111.60, standing out even as most of the market struggled.
Rajoo Engineers has delivered 3,150% return in last 5 years
If you'd put in ₹10,000 five years ago, you'd be looking at more than ₹3 lakh today—a massive 3,150% return.
That kind of growth has made Rajoo a talking point for anyone interested in long-term investing, though some worry about its high valuation and recent ups and downs.
Stock down 29% from its October 2024 peak
Despite its wild five-year run, Rajoo's stock is down 29% over the past year and sits far below its October 2024 peak.
Investors have been cautious lately—July saw just a tiny gain after rough months in May and June.
Still, Rajoo recently raised ₹160 crore to fund expansion, signaling it's not slowing down on growth plans.