History of LNJ Bhilwara Group
LNJ Bhilwara Group was established in 1960 in the city of Bhilwara, Rajasthan. L. N. Jhunjhunwala established a textile mill, laying the foundation of one of the leading textile companies in India, RSWM Limited. Starting with one textile mill, the group grew into 17 companies with 21 manufacturing units and 9 marketing offices across power, textile, Information Technology and graphite electrode sectors.
8 companies of the Group are IS/ISO Certified, and 5 Companies are listed with stock exchanges in India. As of FY 2023, the Group has an annual turnover of ₹9,691 crore ($ 1.2 billion).
LNJ Bhilwara Group’s Sector Presence
LNJ Bhilwara Group currently operates in several sectors, including:
- Textile: The Group’s company, RSWM Limited, is involved in the textile sector, where it manufactures and exports synthetic and blended spun yarns.
- Graphite Electrode: REC Limited produces a comprehensive range of graphite electrodes.
- Power: The Group’s company, Replus Engitech Pvt. Ltd is involved in offering energy storage solutions. Bhilwara Energy Limited, Malana Power Company Ltd (MPCL), AD Hydro Private Limited (ADHPL) and Indo-Canadian Consultancy Services Ltd (ICCS) are engaged in power generation.
- IT Services: Bhilwara Infotechnology Limited provides end-to-end software solutions.
- Skill Development: LNJ Institute of Skills and Technology trains young individuals for employment.
Key Personnel of LNJ Bhilwara Group
- Lakshmi Niwas Jhunjhunwala, Founder
Lakshmi Niwas Jhunjhunwala is the Founder of LNJ Bhilwara Group. In 1947, he started as an exporter of jute goods from Calcutta and by 1951, he was one of the top ten exporters of jute goods in India. In 2008-2009, the Synthetic & Rayon Textiles Export Promotion Council awarded him a Lifetime Achievement Award.
How To Invest in the LNJ Bhilwara Group Stocks?
Investing in LNJ Bhilwara Group stocks via Angel One is easy. Simply follow these steps:
- Log in to your Angel One account.
- Click on the search icon and look for your desired LNJ Bhilwara Group stock.
- Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
- To complete your transaction, click on the ‘Buy’ button.
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
