Shares of Rajesh Exports were up over 3% at Rs 235 after the company said it has received a huge export order from the Middle-East.
The export order worth Rs 1,302 crore is for the designer range of gold and diamond studded jewellery and medallions from M/s Al Jameelat Jewellery, UAE, the company said in a release.
The order will be executed at the company's manufacturing facility at Bangalore which has an installed capacity to process 250 tons of jewellery per annum, the release added.
The stock opened at Rs 227 and touched a high of Rs 238. At 1:35PM, over 630,000 shares were traded on both the stock exchanges.
