Mumbai, September 24 (Udaipur Kiran News): Shares of Rose Merc gained on Wednesday after the company announced the signing of a Memorandum of Understanding (MoU) with AM Corporate to strengthen collaboration in business expansion and capital market activities. The stock was trading at Rs 67.00, up 3.00% from its previous close of Rs 65.05 on the BSE.
The counter opened at Rs 66.90 and touched an intraday high of Rs 67.00 and a low of Rs 66.50. A total of 1,386 shares were traded during the session. The company’s market capitalisation stands at Rs 38.19 crore.
Over the past year, the scrip has touched a 52-week high of Rs 177.45 (October 7, 2024) and a 52-week low of Rs 41.01 (June 27, 2025). In the last week, it has moved between Rs 70.98 and Rs 64.15.
As per the shareholding pattern, promoters hold 0.13%, while non-institutional investors own 99.87%.
Under the MoU, Rose Merc and AM Corporate will collaborate on:
Facilitating introductions to prospective clients and decision-makers
Undertaking joint promotional engagements to enhance visibility
Supporting fund-raising efforts, including investment document preparation and introductions to HNIs, venture capitalists, family offices, and strategic investors through associates like Capital Square Advisors Pvt Ltd
Rose Merc, initially established as an e-commerce platform, is now primarily engaged in trading naturally occurring precious elements such as gemstones, gold, silver, rudraksha, and related products.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
