GENERAL17 Sept 2026
Ratnaveer Precision Engineering share price hits 52-week high | What's behind the rally?
Ratnaveer Precision Engineering shares jumped over 9% on Thursday, 17 September, hitting a 52-week high of ₹322 on heavy trading. The rally came after the company allotted 1,24,99,669 rights shares at ₹264 each, lifting paid-up capital from ₹71.43 crore to ₹83.93 crore. Existing shareholders who subscribed hold more shares now. It is up 111.51% over the past year. Check with your advisor before acting.
Key Statutory Highlights
- Ratnaveer Precision Engineering shares rose over 9% on 17 September and touched an intraday high of ₹322 against the previous close of ₹286.75.
- Around 169.72 lakh shares changed hands on NSE, with the company's market capitalisation at ₹2,566.47 crore.
- The board allotted 1,24,99,669 fully paid equity shares of ₹10 each at ₹264 per share under a rights issue, taking paid-up capital from ₹71.43 crore to ₹83.93 crore.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy this stock, treat the news as information only and speak to a registered investment advisor before making any decision, since the source itself says the story is for educational purposes.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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