Support and Resistance Levels
Past performance
About Rajoo Engineers Ltd Rajoo Engineers Ltd (REL) specializes in the manufacture and sale of plastic processing machinery and post-extrusion equipment, converting thermoplastic raw materials into various products such as profiles, pipes, films, and insulation sheathings. Established in 1986 and becoming a public entity in 1992, the company operates two production units in Gujarat, India. In a strategic move to enhance its manufacturing capabilities, REL merged with three private companies in 2010-11, allowing it to produce essential components in-house.
The company has made significant technological advancements, including a partnership with Italy's Bausano and Figli, resulting in innovative product offerings such as the world's highest output TQPP extrusion line and Asia's first three-layer wide-width blown film line. REL has also expanded its market reach with plans to export to Europe, supported by a technical collaboration with Wiffery Machinery, UK. These developments underscore REL's commitment to innovation and its capacity to cater to diverse market needs in the plastics industry.