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Royal India Corp shares rise 9% on signing MoU with JSC ETC GET

Royal India Corporation Limited signed a three-year MOU with JSC ETC GET to provide education, training, research, innovation, product development, and consulting in energy and utilities sectors.

Introduction

Leading energy and utilities firm signs a three-year MOU with a global nuclear services subsidiary to collaborate on education, training, research, innovation, product development, and consulting across multiple energy sectors.

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Share price movement of Royal India Corporation

On December 23, 2025, Royal India Corporation Ltd opened at ₹6.60, up 2.15% from its previous close of ₹6.46. The stock reached a high of ₹7.00 (8.36%) and a low of ₹6.60. By 1:08 PM, it traded at ₹6.88, a 6.50% increase, with a market cap of ₹81.16 crore.

Royal India Corporation Signs MOU with Rosatom Subsidiary

Royal India Corporation Limited (RICL) signed a Memorandum of Understanding with JSC ETC GET, a subsidiary of Rosatom Service JSC, on December 22, 2025. The MOU focuses on education, training, research, innovation, product development, and consulting services.

The collaboration covers nuclear, thermal, renewable energy, and utilities sectors. The agreement is valid for three years. It can be terminated with a 60-day notice. Expansion of scope is possible.

The MOU aims to establish training centres and provide consulting services. The partnership seeks to improve efficiency, capacity utilization, and productivity of energy utilities in India and overseas.

Stock performance of Royal India Corporation for Period of 1 week, 6 months, and 1 year

Royal India Corporation Ltd delivered a -3.44% return over the past week. It declined by 29.5% in the past six months and fell 77.4% over the past year.

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Shareholding pattern of Royal India Corporation

ParticularsSep 2025Jun 2025Mar 2025
Promoter42.50%38.00%38.00%
FII0%0.00%0.00%
DII0.00%0%0%
Public57.50%62.00%62%

About Royal India Corporation

Royal India Corporation Ltd (BSE: 512047), incorporated in 1984, trades gold bullion, jewellery, coins, and medallions. It also operates in stone mining, defence technology, gold sales, and plans a real estate project in Kalyan.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Royal India Corporation Ltd share price going up today?

A: Royal India Corporation Ltd share price is rising after signing a three-year MOU with JSC ETC GET in energy and utilities sectors.

Q: What does Royal India Corporation Ltd specialize in?

A: Royal India Corporation Ltd specializes in gold bullion, jewellery, coins, medallions, stone mining, defence technology, and real estate development projects.

Q: What is the 52-week high and low of Royal India Corporation Ltd stock?

A: Royal India Corporation Ltd stock has a 52-week high of ₹28.76 and a 52-week low of ₹5.81.

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