Rajoo Engineers Surges Amid Broader Market Rally, Highlighting Sector Resilience

Rajoo Engineers, a small-cap player in the plastic products industry, has shown significant activity today, gaining 7.86% on April 17, 2025. This performance marks a notable outperformance against its sector, exceeding it by 5.66%. The stock has been on a positive trajectory, achieving consecutive gains over the past four days, resulting in a remarkable 25.08% increase during this period.
Today, Rajoo Engineers reached an intraday high of Rs 160, reflecting a 6.11% rise. In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages.

In the broader market context, the Sensex experienced a sharp rise of 1.62%, climbing 1,323.47 points to reach 78,291.49 after a flat opening. Notably, several indices, including NIFTY FINANCE and S&P BSE Bankex, achieved new 52-week highs today. While Rajoo Engineers has shown strong performance over the past week and month, its year-to-date performance remains negative at -30.88%. However, its long-term performance is impressive, with a 3-year increase of 825.75% and a 5-year increase of 4024.21%.