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This Stock at 2016 Levels - Risk or Reward?

Discover a unique entity with a global presence across the entire gold value chain, handling an astonishing 35 per cent of the world's gold production.

Gaurav Taparia 0 1080 Article rating: 4.0

Rajesh Exports, a pioneer in the gold industry, has left an indelible mark with its global presence across the entire gold value chain, handling 35 per cent of the world's gold production. The stock revisiting 2016 levels in 2020 and 2023, resting on a strong support level, indicates a potential breakout after an 80-130 day consolidation period. With a history of reaching Rs 870 in 480 days, the recent surge in delivery volume suggests significant accumulation by large entities. The company's participation in the PLI Scheme for Advanced Chemistry Cells (Energy Storage Lithium Ion Cells) and the recent change in key management personnel adds to its investment potential.

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

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