 "Rajesh Exports gains on overseas acquisition plan")
Shares of Rajesh Exports were trading higher by 3% at Rs 273 on the BSE after the company said its board will meet on July 2, to mull an acquisition in Europe, in the same line of business.
The stock opened at Rs 265 and hit a record high of Rs 275 on the BSE. Till 1154 hours, a combined 440,596 shares changed hands on the counter on the BSE and NSE.
Meanwhile, the market value of the company engaged in manufacturing of gold & diamond jewellery has appreciated by 92% from Rs 142 on December 31, 2014 as compared to 0.44% rise in the S&P BSE Sensex.
The stock opened at Rs 265 and hit a record high of Rs 275 on the BSE. Till 1154 hours, a combined 440,596 shares changed hands on the counter on the BSE and NSE.
Meanwhile, the market value of the company engaged in manufacturing of gold & diamond jewellery has appreciated by 92% from Rs 142 on December 31, 2014 as compared to 0.44% rise in the S&P BSE Sensex.