Jewellery Stock Under Rs 10 Unveils Dussehra-Diwali Retailer Scheme Amid Major FMCG Expansion

Rajnish Retail Limited's stock price in the last five sessions continued to rise with a gain of 27% and during Tuesday's session, the increase was again over 5% after reaching an intraday high level of Rs 8.47 from the previous close. This increase is attributed to the enhanced company presence within the Fast Moving Consumer Goods (FMCG) industry.

Rajnish Retail is increasing the number of items within its product range, which currently exceeds 150. Because of the increased number of products within the Retail range, Rajnish Retail has entered and improved its position within new markets and increased coverage across many states. At the same time, the company has intensified its focus on the quality of its products.

To support new operational initiatives and improve operational efficiencies, Rajnish Retail developed new warehousing and storage capabilities at Regency Plaza, located at Ulhasnagar, Thane. This development is necessary in reinforcing Rajnish Retail's supply chains, improving inventory flows, and satisfying the exponential demand for direct delivery of products to the market.

"In line with our growth journey and to strengthen retailer relationships, the Company is delighted to announce the launch of an exclusive Retailer Incentive Scheme, effective from 1st October 2025. The scheme is being introduced on the auspicious occasion of Dussehra and Diwali, symbolizing prosperity and growth, and is aimed at encouraging and rewarding our channel partners during the festive season," said Rajnish Retail in a stock exchange filing.

The company has launched a thrilling sales incentive program that offers alluring incentives for achieving certain sales goals. Participants will receive free gold or silver worth Rs. 2 lakh if they reach sales of Rs. 1 crore. Top performers who reach Rs. 10 crore in sales will receive gold or silver worth Rs. 20 lakh, while those who reach Rs. 5 crore in sales might win gold or silver worth Rs. 10 lakh. The goal of this special program is to inspire participants to increase their performance and reach higher targets.

Rajnish Retail Limited continues to pursue its strategic goals for aggressive growth. For the near future, the company plans to add more to the diversification of its products and the distribution networks to more areas. One of the primary goals is the integration of sustainable initiatives in all business processes.

In addition to this, for the purpose of customer engagement and business adaptability, competitiveness, and responsiveness to market changes, Rajnish Retail plans to use digital technologies in customer relations.

Over the past year, the stock, which is presently trading at Rs 8.10, has experienced considerable fluctuation. Before falling to a 52-week low of Rs 5.57 on September 26, 2025, it reached a 52-week high of Rs 17.08 on January 23, 2025, indicating strong positive sentiment earlier in the year. The stock has gained more than 45% at its current market price, signalling fresh investor interest and a potential for accumulation at lower levels.