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Rajesh Exports Ltd (RAJESHEXPO)

₹318.150.66%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Rajesh Exports Ltd. An average target of ₹600

Source: S&P Global Market Intelligence

Rajesh Exports Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹315.35
    ₹332.5
  • 52 Week's Low

    52 Week's High

    ₹261
    ₹560
1 Month Return+ 10.35 %
3 Month Return-0.38 %
1 Year Return-38.67 %
Previous Close₹316.05
Open₹324.00
Volume26.75L
Upper Circuit-
Lower Circuit-
Market Cap₹9,331.69Cr

Key Statistics

P/E Ratio27.7
PEG Ratio-0.75
Market Cap₹9,331.69 Cr
P/B Ratio3.59
EPS48.51

Peer Comparison

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Motilal Oswal BSE Enhanced Value Index Fund Direct GrowthMotilal Oswal BSE Enhanced Value Index Fund Direct Growth0.53%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.21%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.21%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.21%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct GrowthICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth0.21%

Company Information

Rajesh Exports Ltd is an Indian-based, publicly traded company founded in 1989 and headquartered in Bangalore. The company is one of the largest exporters of gold and diamond jewellery in the world. Rajesh Exports Ltd operates in a number of lines of business, including gold and diamond jewellery, silver jewellery, and gold coins.

The company produces a wide range of products, including rings, earrings, pendants, necklaces, bracelets, and bangles. Rajesh Exports Ltd also manufactures and distributes a variety of popular brands, such as Shuddhi, Asmi, Gili, and Nakshatra. The company is renowned for its high-quality products and excellent customer service. Rajesh Exports Ltd has an extensive network of customers in over 70 countries.

Share Price: ₹318.15 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹9,331.69Cr as of today
Revenue: ₹91,444.97Cr as on March 2024 (Q1 24)
Net Profit: ₹-31.57Cr as on March 2024 (Q1 24)
Listing date: 09 Feb, 2000
Chairperson Name: Rajesh Mehta
OrganisationRajesh Exports Ltd
HeadquartersBangalore
IndustryDiamond, Gems and Jewellery
E-voting on sharesClick here to vote

Key events for Rajesh Exports Ltd

  • Rajesh Exports Surges After Reduction in Customs Duty on Gold - 23 Jul, 2024

    Rajesh Exports Ltd's stock surged by 5.49% following the announcement by Finance Minister Nirmala Sitharaman that the government will reduce the basic customs duty on gold and silver to 6%.

  • Rajesh Exports Trading Significantly Below Fair Value - 15 Jul, 2024

    Rajesh Exports is trading 38.6% below its fair value of ₹506.77, indicating significant undervaluation based on cash flows. Despite robust growth projections and competitive positioning, the company's profit margins have declined from last year and its forecasted Return on Equity in three years is a low 8.2%, suggesting some operational challenges ahead.

  • Rajesh Exports Trading 38% Below Estimated Fair Value - 12 Jul, 2024

    Despite a decline in profit margin, Rajesh Exports is expected to grow earnings by 31.7% annually over the next three years, outpacing Indian market growth rate of 15.8%. Its undervaluation based on cash flows indicates significant potential for investors.

  • Rajesh Exports Appears Undervalued with Strong Earnings Growth Potential - 11 Jul, 2024

    According to a fair value estimate, Rajesh Exports is undervalued despite low return on equity projections and marginal net profit margin improvements. The company's robust earnings growth potential at 31.68% annually outpaces the Indian market forecasted at 15.8%, making it an attractive stock based on cash flows.

  • Rajesh Exports Shares Surge Amid Heavy Volumes - 10 Jul, 2024

    Rajesh Exports witnessed a significant increase in trading volume, with 5.49 lakh shares traded on the BSE, a 16.09 times surge over two-week average daily volume. The stock surged by 15.1% to Rs 329.25 per share amid heavy volumes.

  • Rajesh Exports Valued as Undervalued with Promising Growth Trajectory - 02 Jul, 2024

    Despite a slight dip in profit margins, Rajesh Exports is perceived as undervalued and poised for significant annual earnings growth. Board meetings will discuss financial results and dividend proposals for FY 2023-24.

Insights on Rajesh Exports Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.14% to 0.16% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 38.07K Cr → 91.64K Cr (in ₹), with an average increase of 35.2% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 19.29% to 19.61% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Safari Industries India Ltd has given 36.3% return, outperforming this stock by 75.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Safari Industries India Ltd has given 457.9% return, outperforming this stock by 504.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.55% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 15.08% to 14.72% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 6 quarters, 421.56 Cr → -31.57 Cr (in ₹), with an average decrease of 108.1% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, RAJESHEXPO stock has moved down by -38.7%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹91,444.97Cr
↑39.66%
Net Income
-₹31.57Cr
↓353.98%
Net Profit Margin
-0.03%
↓250.00%
2023Y/Y Change
Revenue
₹3,39,689.51Cr
↑39.72%
Net Income
₹1,432.28Cr
↑41.93%
Net Profit Margin
0.42%
-
Value in ₹ crore
2023Y/Y Change
Total Assets
₹8,560.15Cr
↓10.45%
Total Liabilities
₹3,543.79Cr
↓22.29%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹79.24Cr
↓20.82%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.55%
0.00
Foreign Institutions
14.72%
-2.40
Mutual Funds
0.16%
15.65
Retail Investors
19.61%
1.68
Others
10.96%
0.15

Key Indicators

Rajesh Exports Ltd Valuation

Rajesh Exports Ltd in the last 5 years

  • Overview

  • Trends

Lowest (8.87x)

November 29, 2023

Today (27.70x)

July 23, 2024

Industry (106.71x)

July 23, 2024

Highest (28.15x)

April 29, 2024

LowHigh

Earnings and Dividends

  • Rajesh Exports Ltd Earnings Results

    Rajesh Exports Ltd’s net profit fell -108.63% since last year same period to ₹-31.57Cr in the Q4 2023-2024. On a quarterly growth basis, Rajesh Exports Ltd has generated -353.98% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Rajesh Exports Ltd Dividends May,2023

    In the quarter ending March 2023, Rajesh Exports Ltd has declared dividend of ₹1 - translating a dividend yield of 0.63%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Rajesh Exports Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Rajesh Exports Ltd (RAJESHEXPO) share price today is ₹318.15

Rajesh Exports Ltd is listed on NSE

Rajesh Exports Ltd is listed on BSE

  • Today’s highest price of Rajesh Exports Ltd is ₹332.5.
  • Today’s lowest price of Rajesh Exports Ltd is ₹315.35.

PE Ratio of Rajesh Exports Ltd is 27.7

PE ratio = Rajesh Exports Ltd Market price per share / Rajesh Exports Ltd Earnings per share

Today’s traded volume of Rajesh Exports Ltd(RAJESHEXPO) is 26.75L.

Today’s market capitalisation of Rajesh Exports Ltd(RAJESHEXPO) is ₹9331.69Cr.

Rajesh Exports Ltd(RAJESHEXPOPrice
52 Week High
₹560
52 Week Low
₹261

Rajesh Exports Ltd(RAJESHEXPO) share price is ₹318.15. It is down -43.19% from its 52 Week High price of ₹560

Rajesh Exports Ltd(RAJESHEXPO) share price is ₹318.15. It is up 21.90% from its 52 Week Low price of ₹261

Rajesh Exports Ltd(RAJESHEXPOReturns
1 Day Returns
2.1%
1 Month Returns
10.35%
3 Month Returns
-0.38%
1 Year Returns
-38.67%