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Rajesh Exports Share Price Locked at 5% Lower Circuit of Rs 98.73 on 5 June 2026 for Second Straight Day After SEBI Order

  • June 5, 2026
  • Posted by: Ankit Jaiswal
  • Category: News
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Rajesh Exports Share Price Locked at 5% Lower Circuit of Rs 98.73

Rajesh Exports share price Rs 98.73 (-4.99%, -Rs 5.19) at 10 AM IST June 5. Open/High/Low all Rs 98.73 (locked lower circuit). 52W High Rs 237.88. 52W Low Rs 80.38. Mkt Cap Rs 2.92K Cr. P/E 17.36.

The Rajesh Exports share price is locked at the 5% lower circuit of Rs 98.73 on 5 June 2026 for the second consecutive session, with the stock opening, hitting a high, and falling to a low all at the identical price of Rs 98.73 as of 10:00 AM IST, indicating the lower circuit is in force with no buyers at or above this level. The Rajesh Exports share price lower circuit run began on June 4, 2026, the first trading session after SEBI issued a 109-page interim ex-parte order on June 3 alleging that Rajesh Exports misrepresented consolidated revenues of approximately Rs 15.15 lakh crore between FY2020-21 and FY2024-25, representing nearly 99.8% of the company’s total reported consolidated revenues for the period.

The Rajesh Exports share price at Rs 98.73 represents a decline of approximately 58.5% from the 52-week high of Rs 237.88 (screenshot confirmed at 10:00 AM IST). The market capitalisation at the current Rajesh Exports share price is approximately Rs 2.92K crore. The previous close was Rs 103.92, and the lower circuit price of Rs 98.73 is calculated as Rs 103.92 multiplied by 0.95, matching the screenshotted price within rounding. All data sourced from publicly available information including the screenshot at 10:00 AM IST June 5; please verify with official NSE (nseindia.com) sources before any decisions.

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Table of Contents

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  • Rajesh Exports Share Price: Key Data on 5 June 2026 (Screenshot Confirmed)
  • Rajesh Exports Share Price: Why Lower Circuit Continues on Day 2
  • Rajesh Exports Share Price: What Investors Should Watch
  • Conclusion
  • Frequently Asked Questions on Rajesh Exports Share Price and SEBI Lower Circuit
    • Why is the Rajesh Exports share price locked at lower circuit for the second day?
    • What is the Rajesh Exports share price today and what is the lower circuit calculation?
    • What exactly did SEBI allege in its order that is driving the Rajesh Exports share price lower?
    • How long will the Rajesh Exports share price remain in lower circuit?
    • What is the outlook for the Rajesh Exports share price given the SEBI order?

Rajesh Exports Share Price: Key Data on 5 June 2026 (Screenshot Confirmed)

Parameter Details
NSE Symbol NSE:RAJESHEXPO
Rajesh Exports Share Price (10:00 AM IST, June 5) Rs 98.73
Change -Rs 5.19 (-4.99%)
Previous Close (June 4) Rs 103.92
Open (June 5) Rs 98.73 (locked at lower circuit from open)
High (June 5) Rs 98.73
Low (June 5) Rs 98.73
Lower Circuit Calculation Rs 103.92 x 0.95 = Rs 98.72 (~Rs 98.73)
Market Cap Rs 2.92K crore (~Rs 2,920 crore)
P/E Ratio 17.36x
52-Week High Rs 237.88
52-Week Low Rs 80.38
Decline from 52W High ~58.5%
SEBI Order Date June 3, 2026 (post-market)
SEBI Order Type Interim ex-parte order, 109 pages
SEBI WTM Kamlesh Chandra Varshney
CMD Action Rajesh Mehta barred 3 years from dealing in REL securities
Consolidated Revenue Misrepresentation Alleged ~Rs 15.15 lakh crore (FY21-FY25, ~99.8% of total)
Days in Lower Circuit 2nd consecutive day (June 4 and June 5)

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Rajesh Exports Share Price: Why Lower Circuit Continues on Day 2

The Rajesh Exports share price locked in lower circuit for a second consecutive day is the market’s continuation of its reaction to the scale of the SEBI allegations. When a stock is locked at the lower circuit, it means there are only sellers and no buyers willing to transact at or above the circuit price. For the Rajesh Exports share price to find buyers, market participants need a reason to believe the current price reflects value after the SEBI order. Two reasons why buyers are absent: first, the SEBI allegations, if substantiated, would require a complete restatement of Rajesh Exports’ consolidated financial accounts, making every historical financial metric unreliable as a valuation basis. Second, the three-year bar on CMD Rajesh Mehta creates management uncertainty for a company where the promoter holds 54.6% and has historically been the key strategic decision-maker.

The Rajesh Exports share price at Rs 98.73 compares to a 52-week low of Rs 80.38, meaning the stock is approximately Rs 18 above its historic one-year floor. If the lower circuit continues in coming sessions without any response from the company or SAT intervention, the Rajesh Exports share price could approach and potentially test the Rs 80.38 zone. Conversely, any credible exchange filing by the company addressing the SEBI allegations, or a SAT stay of the interim order, could attract bottom-fishing buyers and break the lower circuit streak.

Rajesh Exports Share Price: What Investors Should Watch

For investors tracking the Rajesh Exports share price, five specific developments merit close monitoring. First, the company’s official exchange filing response to the SEBI order (filed on NSE/BSE within the stipulated regulatory timeline). Second, any filing at the Securities Appellate Tribunal (SAT) by Rajesh Exports or Rajesh Mehta seeking a stay of the interim order. Third, auditor communications regarding whether the FY21-FY25 consolidated accounts require restatement. Fourth, any SEBI show-cause notice, which would be the next formal step in the regulatory process. Fifth, institutional investor and mutual fund position changes in the Rajesh Exports share price, which would signal whether professional investors see any value at current levels. All these developments would be filed on NSE (nseindia.com) and can be tracked via the company’s disclosure page.

Track Rajesh Exports share price, SEBI filings and lower circuit status live on the Univest Screener.

Conclusion

The Rajesh Exports share price locked at Rs 98.73 (-4.99%) on 5 June 2026 marks a second consecutive lower circuit session following SEBI’s June 3 order alleging Rs 15.15 lakh crore in consolidated revenue misrepresentation. With Open, High, and Low all at Rs 98.73 (screenshot confirmed at 10:00 AM IST), the stock has no buyers at current levels. The Rajesh Exports share price trajectory depends entirely on the company’s legal and regulatory response to the SEBI order, any SAT stay proceedings, and auditor communications. All data from publicly available sources; verify with official NSE/BSE. This does not constitute investment advice.

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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Rajesh Exports Share Price and SEBI Lower Circuit

Why is the Rajesh Exports share price locked at lower circuit for the second day?

Ans. The Rajesh Exports share price is locked at the 5% lower circuit of Rs 98.73 on 5 June 2026 for the second consecutive session because of the ongoing market reaction to SEBI’s June 3, 2026 interim ex-parte order. The SEBI order alleged that Rajesh Exports misrepresented consolidated revenues of approximately Rs 15.15 lakh crore between FY2020-21 and FY2024-25, accounting for nearly 99.8% of the company’s total reported consolidated revenue for the period. CMD Rajesh Mehta was barred from dealing in Rajesh Exports securities for three years. With such extraordinary allegations, market participants are unwilling to buy, while sellers who can exit are taking any available price, resulting in the Rajesh Exports share price being locked at the lower circuit for a second day. Screenshot confirmed at 10:00 AM IST June 5: Open, High, Low all at Rs 98.73.

What is the Rajesh Exports share price today and what is the lower circuit calculation?

Ans. The Rajesh Exports share price today, June 5, 2026, is Rs 98.73, confirmed from the screenshot at 10:00 AM IST. This represents a decline of Rs 5.19 or 4.99% from the previous close of Rs 103.92. The lower circuit for the Rajesh Exports share price is calculated as 5% below the previous close: Rs 103.92 multiplied by 0.95 equals Rs 98.72, which matches the Rs 98.73 at which the stock opened and is locked. The Rajesh Exports share price market capitalisation at Rs 98.73 is approximately Rs 2.92K crore (screenshot confirmed). The P/E ratio stands at 17.36x. The 52-week high is Rs 237.88 and 52-week low is Rs 80.38, meaning the Rajesh Exports share price at Rs 98.73 is approximately 58.5% below the 52-week high. Please verify all data with official NSE sources.

What exactly did SEBI allege in its order that is driving the Rajesh Exports share price lower?

Ans. SEBI’s 109-page interim ex-parte order against Rajesh Exports alleged five categories of violations. The most significant: consolidated revenues of approximately Rs 15.15 lakh crore were misrepresented between FY21 and FY25, representing nearly 99.8% of the company’s total reported consolidated revenue. Standalone revenues were misstated by Rs 12,557 crore in FY21-FY24. CMD Rajesh Mehta’s personal derivative transactions worth Rs 11,487 crore (sales) and Rs 11,488 crore (purchases) through stockbroker Affluence Shares were recorded as company transactions. Exchange fluctuation gains and losses were incorrectly classified as revenue. Interest income from mutual funds and fixed deposits was booked as revenue from operations. The SEBI order was issued by WTM Kamlesh Chandra Varshney on June 3, 2026, after which the Rajesh Exports share price began its lower circuit run.

How long will the Rajesh Exports share price remain in lower circuit?

Ans. The Rajesh Exports share price will remain locked in the lower circuit as long as there are more sellers than buyers at the circuit price. This is a market mechanism, not a regulatory one; the exchange does not hold the stock at lower circuit indefinitely. In practice, a stock locked in lower circuit for multiple consecutive days indicates that the market has no buyers at the circuit price. This typically continues until one of several things happens: the company files an exchange response to the SEBI order that reassures some buyers; the Securities Appellate Tribunal (SAT) grants a stay on the SEBI order allowing CMD Mehta to operate normally; or the stock falls far enough that contrarian buyers step in at the circuit level. The Rajesh Exports share price could face multiple days of lower circuits if none of these catalysts materialises. Please verify the current circuit status with official NSE data.

What is the outlook for the Rajesh Exports share price given the SEBI order?

Ans. The Rajesh Exports share price outlook is highly uncertain and depends almost entirely on the regulatory and legal process. The SEBI interim ex-parte order is a preliminary action; the company and CMD Rajesh Mehta have not yet had an opportunity to present their case. If Rajesh Exports files a credible response to the SEBI order or obtains a stay from the Securities Appellate Tribunal, the Rajesh Exports share price could see buying return. If SEBI’s allegations are substantiated and auditors are required to restate the consolidated accounts, the Rajesh Exports share price impact would be severe since virtually the entire reported consolidated revenue base would need to be restated. Investors tracking the Rajesh Exports share price should monitor official exchange filings on NSE and BSE, SEBI orders at sebi.gov.in, and SAT proceedings. This does not constitute investment advice; all data from publicly available sources.



Share Price Locked
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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