Rolex Rings is currently trading at Rs. 1119.00, up by 25.20 points or 2.30% from its previous closing of Rs. 1093.80 on the BSE.
The scrip opened at Rs. 1128.45 and has touched a high and low of Rs. 1134.60 and Rs. 1117.50 respectively. So far 806 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1264.95 on 09-Aug-2021 and a 52 week low of Rs. 999.95 on 29-Nov-2021.
Last one week high and low of the scrip stood at Rs. 1208.00 and Rs. 1080.00 respectively. The current market cap of the company is Rs. 3062.79 crore.
The promoters holding in the company stood at 57.64%, while Institutions and Non-Institutions held 21.97% and 20.40% respectively.
Rolex Rings has entered into the Memorandum of Understanding (MoU) with the Government of Gujarat The MoU is for development of Textile & Apparel Park, IT Park and Toy Park at Gondal District with proposed investment of Rs 1500 crore.
Rolex Rings is among the leading manufacturers of forged and machined components in India.