 "Rajesh Exports hits new high on securing Rs 1,152 crore export orders")
Shares of Rajesh Exports have moved higher by 8% to Rs 252, also its new high on the NSE, after the company said it has bagged an export order for designer range of gold and diamond studded jewellery and medallions worth Rs 1,152 crore from Al Malek Jewellery, UAE.
The execution of this order will significantly add to the bottomline of the company. The order is to be completed by 31st July 2015, Rajesh Exports said in a statement.
In March, the company had secured order worth Rs 1,265 crore from Al Sultan Jewellery, UAE.
At 1422 hours, the stock was up 6% at Rs 247 on the NSE. A combined 714,571 shares changed hands on the counter on the NSE and BSE.
The execution of this order will significantly add to the bottomline of the company. The order is to be completed by 31st July 2015, Rajesh Exports said in a statement.
In March, the company had secured order worth Rs 1,265 crore from Al Sultan Jewellery, UAE.
At 1422 hours, the stock was up 6% at Rs 247 on the NSE. A combined 714,571 shares changed hands on the counter on the NSE and BSE.