Profits of Gold: How Rajesh Exports Yielded Shining Returns of 20,830%
If you had ₹1 lakh invested in Rajesh Exports in September 2002, then you could have had ₹3.63 crores in profits today! In 20 years, this multibagger provided investors with returns of ₹2,08,30,000 and dividends of ₹1,54,99,876. Here’s a closer look at the company.
🪙 Stock: Rajesh Exports Ltd.
🪙 NSE: $RAJESHEXPO
🌱 About The Company
Incorporated in 1989, Rajesh Exports Limited is a global leader in the gold business. Headquartered in Bangalore, it has operations spread across the world along the entire value chain of gold, from refining to retailing.
It is the world’s finest gold product manufacturer and has R&D facilities in various places—with two refining capacities located in Switzerland and India and three manufacturing facilities in Bangalore, Kochin and Dubai. These facilities produce a wide range of handmade, semi-machined and completely automated gold jewellery and gold products.
⚡ Presence In Gold Value Chain
◾ Mining: It has a minor presence in mining by having contracts with leading gold mining companies for the supply of raw gold.
◾ Refining: It is the largest gold refiner in the world.
◾ Bullion Manufacturing & Supply: It produces VALCAMBI brand bullions that are supplied to leading bullion banks and central banks across the world.
◾ Gold Products Manufacturing: It is the largest gold jewellery and gold products manufacturer in the world.
◾ Wholesale of Gold Products: It has a wholesale presence in India and the Middle East, where it supplies jewellery to 5,000+ showrooms directly.
◾ Exports of Gold Products: It exports products to almost all gold markets in the world.
◾ Retail of Gold Products: It has a retail presence under the brand SHUBH Jewellers in Karnataka, India and currently operates 83 showrooms.
It has one of the world’s largest active jewellery design databases with 29,000 designs. It has developed several innovative technologies and processes in the manufacture of jewellery.
💸 Stock Value
On September 23, 2002, the shares of the company were trading at ₹2.80, while they were priced at ₹586.05 as of September 22, 2022.

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