New Delhi, July 29 -- Despite lacklustre cues from Dalal Street, shares of Rajoo Engineers Limited climbed over 2 percent on Tuesday, July 29, hitting an intra-day high of Rs.111.60. The small-cap engineering company has defied market trends over the long term, emerging as a multibagger with a staggering 3,150 percent rally in just five years.
An investment of Rs.10,000 in Rajoo Engineers five years ago would today be worth over Rs.3 lakh, underscoring the stock's exponential long-term wealth creation.
While the long-term chart is impressive, the short-term trend for Rajoo Engineers has been more volatile. In the last one year, the stock has declined 29 percent. In July so far, it is up slightly by 0.7 percent, after two consecutive mon...
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