Rajesh Exports is currently trading at Rs. 427.35, up by 8.35 points or 1.99 % from its previous closing of Rs. 419.00 on the BSE.
The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 432.00 and Rs. 423.10 respectively. So far 63991 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 622.25 on 19-Aug-2015 and a 52 week low of Rs. 117.35 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs. 453.90 and Rs. 369.75 respectively. The current market cap of the company is Rs. 12671.08 crore.
The promoters holding in the company stood at 53.86% while Institutions and Non-Institutions held 20.08% and 26.06% respectively.
Rajesh Exports (REL) has developed a special range of designer jewellery suitable for the local European and American markets. Valcambi has an extensive marketing network in the European and the American markets which it has developed over a period of time. REL will be utilizing this network of Valcambi to reach high ended European and North American clients. REL was always capable of producing the finest designer jewellery suitable for the high ended European and North American markets, but it was working on setting up a proper marketing network to manage the suitable distribution process.
With the acquisition of Valcambi, REL has one of the strongest global brands to support its distribution process to the high end stores of Europe and North America. REL will be dispatching the range of specially produced designer jewellery to Valcambi and Valcambi through its extensive marketing network and by utilizing the strong brand value commanded by its products will be in a position to distribute the designer jewellery produced by REL to the high end European and North American markets.
Rajesh Exports with its undivided focus and expertise has grown to be the largest gold jewellery manufacturing company in the world. It is also the lowest cost gold Jewellery manufacturing company in the world.