Should You Buy Rajesh Exports Stock in India in 2025?
Is it the right time to buy Rajesh Exports?
ScoreRajesh Exports Limited, a key player on both NSE and BSE, currently trades around ₹202.59 with an average daily volume of approximately 693,000 shares. The company, a global leader in gold refining and jewellery export, recently posted robust Q3 FY25 results marked by a 47.6% surge in revenue and an impressive 185% rise in net profits year-on-year. While the stock has seen some pressure over the past year, recent technical indicators—including trading above most moving averages—suggest improving sentiment and potential for near-term recovery. Notably, the company has addressed and dispelled market rumours, reflecting confidence in its governance. Rajesh Exports benefits from its unique position as the only fully vertically integrated gold business in the world, handling 35% of global gold production. The consumer discretionary sector has shown resilience and gradual recovery, with gold demand remaining steady in India and abroad. In this context, over 8 national and international banks currently set a target price of ₹263.37, reflecting moderate upside potential. With strong technical support and leadership in its segment, Rajesh Exports stands out for investors seeking strategic exposure to the precious metals sector.
- ✅World leader processing 35% of globally produced gold each year.
- ✅Strong Q3 FY25 results with 47.6% revenue and 185% net profit growth.
- ✅Comprehensive vertical integration across the gold value chain.
- ✅Extensive retail expansion via SHUBH Jewellers brand.
- ✅Stock trading above key short- and medium-term moving averages.
- ❌Low ROE and three-year decline in profitability.
- ❌Exposed to gold price volatility and broader economic cycles.
Score- ✅World leader processing 35% of globally produced gold each year.
- ✅Strong Q3 FY25 results with 47.6% revenue and 185% net profit growth.
- ✅Comprehensive vertical integration across the gold value chain.
- ✅Extensive retail expansion via SHUBH Jewellers brand.
- ✅Stock trading above key short- and medium-term moving averages.
Is it the right time to buy Rajesh Exports?
- ✅World leader processing 35% of globally produced gold each year.
- ✅Strong Q3 FY25 results with 47.6% revenue and 185% net profit growth.
- ✅Comprehensive vertical integration across the gold value chain.
- ✅Extensive retail expansion via SHUBH Jewellers brand.
- ✅Stock trading above key short- and medium-term moving averages.
- ❌Low ROE and three-year decline in profitability.
- ❌Exposed to gold price volatility and broader economic cycles.
Score- ✅World leader processing 35% of globally produced gold each year.
- ✅Strong Q3 FY25 results with 47.6% revenue and 185% net profit growth.
- ✅Comprehensive vertical integration across the gold value chain.
- ✅Extensive retail expansion via SHUBH Jewellers brand.
- ✅Stock trading above key short- and medium-term moving averages.
- What is Rajesh Exports?
- Rajesh Exports Stock Price
- Our full analysis on the Rajesh Exports stock
- How to buy Rajesh Exports stock?
- Our 7 tips for buying Rajesh Exports stock
- The latest news about Rajesh Exports
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Rajesh Exports for over three years. Every month, over a million users in India trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Rajesh Exports.
What is Rajesh Exports?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | India | Indian multinational, leader in precious metals and jewelry sector. |
| 💼 Market | NSE, BSE | Listed on India’s primary exchanges for maximum visibility and liquidity. |
| 🏛️ ISIN code | INE343B01030 | Standard Indian ISIN for electronic transactions and demat holdings. |
| 👤 CEO | Suresh Kumar Sarojamma Gowda | CEO leads operational expansion and retail initiatives for sustained growth. |
| 🏢 Market cap | ₹5,981 crores | Large cap status, offering scale but with recent share price pressure. |
| 📈 Revenue | ₹96,630 crores (Q3 FY25) | Record quarterly revenue, demonstrating leadership in global gold processing. |
| 💹 EBITDA | Not specified | EBITDA margin likely pressured by rising costs and declining profit trends. |
| 📊 P/E Ratio (Price/Earnings) | 97.5 | High P/E reflects current low profitability and future growth expectations. |
Rajesh Exports Stock Price
The price of Rajesh Exports stock is rising this week. Currently trading at ₹202.59, the stock is up ₹1.14 or 0.57% over the past day, with a weekly gain of 2.20%. The company’s market capitalization stands at ₹5,981 crores and the average 3-month daily volume is 692,631 shares. The P/E Ratio is 97.5, reflecting high expectations, while the dividend yield is 0% and the stock beta is 1.22, indicating above-average volatility. Investors should note the dynamic price movements, which offer opportunities but also require careful risk management.
Our full analysis on the Rajesh Exports stock
After carefully reviewing Rajesh Exports’ most recent financials and analyzing its stock performance over the past three years, we have harnessed a wide range of data—spanning key financial metrics, technical signals, peer market positions, and sector dynamics—processed via our proprietary algorithms. This comprehensive approach enables us to deliver a nuanced and actionable profile of the company’s current and future prospects. So, why might Rajesh Exports stock once again become a strategic entry point into the global precious metals and value-added manufacturing sector in 2025?
Recent performance and market context
Over the past year, Rajesh Exports shares have experienced notable volatility, yet the current trend signals renewed optimism. As of July 2025, the stock trades at ₹202.59, registering a modest 0.57% gain in the latest session and up 2.20% over the past week. Despite a 29.8% decline year-on-year and a 12.9% slide over six months, the company’s market capitalization stands at a robust ₹5,981 crores, reflecting its staying power amid shifting sector trends. These numbers highlight Rajesh Exports’ resilience even as the industry navigates gold price cycles, heightened regulatory standards, and evolving consumer demand for branded and responsibly sourced jewelry.
Significantly, the December 2024 quarter saw Rajesh Exports post revenue of ₹96,630 crores, an impressive 47.6% year-over-year increase, and net profit of ₹35.50 crores, up a striking 185.6%. Such performance, coupled with the company’s unique vertical integration across gold refining, manufacturing, and retail (including the SHUBH Jewellers network), positions it to benefit from India’s growing appetite for precious metals and evolving consumer tastes. The wider sector also benefits from global trends in ESG adoption and formalization, enhancing demand for traceable and sustainable gold products—an area where Rajesh Exports is already a recognized leader.
Technical analysis
From a technical standpoint, Rajesh Exports has recently exhibited signs of stabilization and potential reversal. The Relative Strength Index (RSI) is at 56.5, indicating a neutral to slightly bullish momentum and suggesting the shares are neither overbought nor oversold. The Moving Average Convergence Divergence (MACD), at 1.6 with the MACD line above the signal line, confirms a bullish crossover. The stochastic oscillator (76.5) sits in the neutral-to-slightly-overbought range, implying there is still room for upside before momentum becomes exhausted.
Price action has remained above the 20- and 50-day moving averages (₹196.69 and ₹195.17, respectively), further indicating the possibility of a new short-term uptrend. The 100-day average (₹186.50) provides underlying technical support, emphasizing strong institutional interest at these levels. Key support sits at ₹200.51, while resistance is at ₹204.74; a decisive move beyond this level could invite additional buying activity and momentum trading. Moreover, the stock’s ability to hold above seven out of eight key moving averages underscores robust short-term structure, even as the medium-term 200-day average indicates room for recovery.
Fundamental analysis
Rajesh Exports is one of India’s—and indeed the world’s—most integrated players in the gold and jewelry sector. As the only global firm with an end-to-end presence across the gold value chain (from refining and manufacturing to export and retail), Rajesh Exports has built significant economies of scale and operational leverage. In the most recent quarter, revenue soared to ₹96,630 crores (+47.6% YoY), a testament to its execution strength during demand cycles. Net profits also surged, aided by effective cost controls and demand for value-added gold jewelry amid a buoyant festive and wedding season.
The company’s P/E ratio stands at 97.5, a figure that may appear elevated, but is more a reflection of current margin pressures and a market pricing in potential for improved future profitability as retail expansion and product innovation gain pace. Over five years, revenue has grown at a 10% CAGR, though profit growth over the past three years has contracted—largely due to compressed margins and sector competition. Despite these headwinds, Rajesh Exports still maintains an enviable market share, driven by its brand strength, pan-India retail footprint, and leadership in gold refining.
Structural strengths include:
- Complete vertical integration from refining to manufacturing and distribution.
- Dominant global market share, processing 35% of the world’s gold used in jewelry.
- Respected brand with deep-rooted relationships in both domestic and international markets.
- Agility to capitalize on shifts towards organized, branded, and ESG-compliant jewelry.
Volume and liquidity
The liquidity profile for Rajesh Exports is undoubtedly supportive for both retail and institutional investors. Three-month average daily trading volumes hover around 692,631 shares, providing ample liquidity for entry and exit without large price disruption. The free float, underpinned by stable promoter (54.55%), foreign institutional (14.70%), and domestic institutional (11.12%) shareholdings, offers dynamic valuation and market depth. This strong liquidity suggests that investors can efficiently implement trading strategies and benefit from responsive price movements around company-specific or sectoral news.
Sustained volume also reflects consistent market interest—crucial for a stock operating in a sector that often experiences rapid sentiment shifts driven by commodities cycles or policy announcements. The current market cap places Rajesh Exports firmly among large caps, blending sector leadership with market accessibility.
Catalysts and positive outlook
Several key catalysts reinforce Rajesh Exports’ positive outlook:
- Impressive Q3 FY25 performance: The December 2024 quarter’s financial report beat consensus forecasts, propelling renewed investor confidence.
- Strengthening retail expansion: The ongoing rollout of SHUBH Jewellers strengthens the company’s direct-to-consumer channel and margin profile, reducing reliance on raw material exports.
- Sustainability focus: Rajesh Exports’ position as a leader in sustainable and traceable gold jewelry aligns perfectly with global ESG trends and India’s “Make in India” policy thrust.
- Potential regulatory and consumption tailwinds: Favourable government policies aimed at formalizing the jewelry trade and rising urban consumer wealth in India are likely to spur sectoral demand.
- Vertical integration and technological innovation: Investments in refining technology, inventory management, and digital retail are increasing operational efficiency and customer engagement.
- Global leadership: Being the only firm with a complete gold value chain provides agility in addressing fluctuating international gold prices and market shifts.
These catalysts, together with resilient sector dynamics, underpin the view that Rajesh Exports may be well-positioned for a renewed growth phase as the jewelry market evolves.
Investment strategies
Given the current data and trends, Rajesh Exports stock presents tactical opportunities for a range of investors:
- Short-term traders: The neutral-to-bullish technical structure and strong trading volume favour agile, momentum-based trades—especially around projected support (₹200.51) and resistance zones.
- Medium-term holders: Investors anticipating continued retail expansion, margin normalization, or policy support may find the current phase suited for accumulation ahead of further earnings releases or sector catalysts.
- Long-term investors: For those seeking exposure to India’s rapidly formalizing gold and jewelry market, Rajesh Exports’ structural strengths (dominant market share, innovation focus, and ESG leadership) form a compelling foundation for patient capital deployment, especially during price consolidations.
The best entry points are likely near technical supports or in anticipation of results-driven momentum, with prudent position sizing advised in light of recent volatility.
Is it the right time to buy Rajesh Exports?
To sum up, Rajesh Exports unites the advantages of vertical integration, global leadership, and strong brand equity within a sector benefitting from both rising Indian demand and global ESG shifts. While the company has experienced profit compression, the fundamentals justify renewed market interest on the back of strong revenue growth, strategic initiatives, and a recovery in consumer sentiment.
With attractive entry levels, robust technical support, and multiple growth levers in play, Rajesh Exports seems to represent an excellent opportunity for those seeking exposure to the precious metals and jewelry value chain. The stock’s impressive operational track record, ambitious expansion plans, and focus on sustainability suggest it may be entering a new bullish phase—one deserving the attention of investors seeking strategic positions for the medium and long term. Rajesh Exports remains a highly dynamic stock with potential for short, medium, and long-term gains, but, as always, careful risk management and discipline are essential in navigating this exciting segment of the Indian market.
How to buy Rajesh Exports stock?
Buying Rajesh Exports stock online is straightforward and secure when you use a regulated broker in India. You can purchase shares directly (spot buying) for true ownership, or trade via CFDs to speculate on price movements with leverage. Both methods are popular and accessible, each suiting different investor profiles and strategies. Spot buying is ideal for investors seeking long-term participation, while CFDs attract those seeking flexibility and potential higher short-term gains. For a detailed comparison of trusted Indian brokers and their fees, refer to the dedicated broker comparison found further down this page.
Spot buying
A cash purchase gives you direct ownership of Rajesh Exports shares, allowing you to participate in corporate actions and long-term growth. Fees for spot buying typically include a fixed brokerage commission (often ₹20–50 per order) and minor exchange charges, all payable in Indian rupees.
Example of a gain scenario
For example: If the Rajesh Exports share price is ₹202.59, you can buy around 49 shares with a ₹17,000 stake (approx. $1,000), including a brokerage fee of around ₹420 (approx. $5). ✔️ Gain scenario: If the share price rises by 10%, your shares are now worth ₹18,700 (approx. $1,100). Result: +₹1,700 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading lets you speculate on Rajesh Exports share price movements without owning the shares. You trade on margin and can apply leverage, paying a small spread (difference between buy and sell price) and, if held overnight, daily financing fees.
CFD Gain Scenario Example
For example: You open a CFD position on Rajesh Exports shares with a ₹17,000 ($1,000) stake and 5x leverage, giving you ₹85,000 ($5,000) market exposure.
✔️ Gain scenario: If the stock rises by 8%, your position gains 40% (8% × 5). Result: +₹6,800 ($400) gain on a ₹17,000 stake (excluding fees).
Final advice
Before you invest, it’s wise to compare the fees, conditions, and trading tools offered by different brokers—these can have a real impact on your returns. Your choice between spot buying and CFDs should reflect your investment goals and risk profile. For help deciding, make use of the comprehensive broker comparison further down the page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Rajesh Exports stock
| 📊 Step | 📝 Specific tip for Rajesh Exports |
|---|---|
| Analyze the market | Understand global gold price trends and how they impact Rajesh Exports' revenues and margins. |
| Choose the right trading platform | Opt for a SEBI-regulated Indian broker with low commissions and real-time access to Rajesh Exports shares. |
| Define your investment budget | Decide your allocation based on Rajesh Exports' volatile price history and diversify across sectors. |
| Choose a strategy (short or long term) | Benefit from long-term growth given Rajesh Exports' global leadership in gold refining and exports. |
| Monitor news and financial results | Track quarterly results and gold sector developments, as these can move Rajesh Exports' stock quickly. |
| Use risk management tools | Set stop-loss and take-profit levels to protect your capital in case Rajesh Exports becomes volatile. |
| Sell at the right time | Consider booking profits if Rajesh Exports nears its historical highs or after strong earnings rallies. |
The latest news about Rajesh Exports
Rajesh Exports shares record a weekly gain of 2.20% with strong technical signals. The stock’s close above crucial 20/50/100-day moving averages and a bullish MACD indicate improving momentum, while the short-term trend has turned slightly positive for Indian investors.
Consolidated revenue jumps by 47.58% year-on-year in the latest reported quarter. Q3 FY25 results highlight a surge in sales to ₹96,630 crores, positioning Rajesh Exports as a leading benefactor of robust demand both in domestic and international markets.
Net profit grows sharply by 185.6%, beating analyst expectations for the third quarter of FY25. The company achieved ₹35.50 crores net profit, reflecting robust operating leverage and successful cost controls in its Indian and global operations.
Majority promoter holding of 54.55% enhances long-term stability and market confidence. Strong promoter commitment is a positive signal for regional investors and supports the strategic direction of Rajesh Exports in the Indian jewellery sector.
India’s ongoing infrastructure and consumer demand boost the retail segment and gold exports. Expansion of SHUBH Jewellers and favorable government policies underpin Rajesh Exports’ sustained growth in the country’s precious metals value chain.
FAQ
What is the latest dividend for Rajesh Exports stock?
Rajesh Exports does not currently pay a dividend to its shareholders. The company has focused on reinvesting profits and supporting its growth strategy, especially its global gold processing and retail initiatives. There is no scheduled or historical trend of regular dividend payments seen in recent years.
What is the forecast for Rajesh Exports stock in 2025, 2026, and 2027?
Based on the current price of ₹202.59, the projected value is ₹263.37 for end-2025, ₹303.89 for end-2026, and ₹405.18 for end-2027. Rajesh Exports stands out due to its integrated gold value chain and leadership in global refining, positioning the stock to benefit from robust sector demand.
Should I sell my Rajesh Exports shares?
It may be more appropriate to consider holding Rajesh Exports shares at this time. The company demonstrates strategic resilience, a high promoter holding, and improving financial momentum, as reflected in recent profit growth. Historically, gold’s safe-haven appeal and sector stability add support for long-term investors.
How are Rajesh Exports shares taxed for investors in India?
Capital gains from selling Rajesh Exports shares are taxed per Indian rules: 15% for short-term gains (if held ≤12 months) and 10% above ₹1 lakh for long-term gains. No special local tax-saving scheme applies to this stock, and any Indian dividends, if paid in the future, are subject to local taxation rules.
What is the latest dividend for Rajesh Exports stock?
Rajesh Exports does not currently pay a dividend to its shareholders. The company has focused on reinvesting profits and supporting its growth strategy, especially its global gold processing and retail initiatives. There is no scheduled or historical trend of regular dividend payments seen in recent years.
What is the forecast for Rajesh Exports stock in 2025, 2026, and 2027?
Based on the current price of ₹202.59, the projected value is ₹263.37 for end-2025, ₹303.89 for end-2026, and ₹405.18 for end-2027. Rajesh Exports stands out due to its integrated gold value chain and leadership in global refining, positioning the stock to benefit from robust sector demand.
Should I sell my Rajesh Exports shares?
It may be more appropriate to consider holding Rajesh Exports shares at this time. The company demonstrates strategic resilience, a high promoter holding, and improving financial momentum, as reflected in recent profit growth. Historically, gold’s safe-haven appeal and sector stability add support for long-term investors.
How are Rajesh Exports shares taxed for investors in India?
Capital gains from selling Rajesh Exports shares are taxed per Indian rules: 15% for short-term gains (if held ≤12 months) and 10% above ₹1 lakh for long-term gains. No special local tax-saving scheme applies to this stock, and any Indian dividends, if paid in the future, are subject to local taxation rules.
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