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Rajesh Exports firms up on export orders worth Rs 780 crore

The order worth Rs 780 crore from Singapore is for gold and diamond studded jewellery and medallions

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SI Reporter Mumbai
Last Updated : Apr 28 2016 | 1:25 PM IST
Shares of Rajesh Exports were up nearly 2% at Rs 581 on the Bombay Stock Exchange after the company said that it has bagged an export order from Singapore.

The order for designer range of gold and diamond studded jewellery and medallions from Singapore is worth Rs 780 crore, the company said in a release.

The order is to be completed by July 15, 2016 and the order will be executed at the manufacturing facility in Bangalore, the release added.

The stock opened at Rs 576 and touched a high of Rs 584. At 1:20pm, over 268,000 shares were traded on both the stock exchanges.

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First Published: Apr 28 2016 | 1:23 PM IST

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