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Rajesh Exports gains on bagging export order worth Rs 1172 crore

01 Sep 2016

Rajesh Exports is currently trading at Rs. 443.25, up by 1.70 points or 0.39% from its previous closing of Rs. 441.55 on the BSE.

The scrip opened at Rs. 442.00 and has touched a high and low of Rs. 448.20 and Rs. 441.00 respectively. So far 63139 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 745.50 on 18-Feb-2016 and a 52 week low of Rs. 369.75 on 16-Sep-2015.

Last one week high and low of the scrip stood at Rs. 462.10 and Rs. 435.00 respectively. The current market cap of the company is Rs. 13044.58 crore.

The promoters holding in the company stood at 53.92%, while institutions and non-institutions held 20.34% and 25.74% respectively.

Rajesh Exports (REL) has bagged an export order worth Rs 1172 crore of designer range of gold & diamond studded jewellery & medallions from Singapore. The order is to be completed by December 2016. This order will be executed at the company's manufacturing facility at Bangalore which is the world's largest gold manufacturing facility. The manufacturing facility has an installed capacity to process 250 tons of jewellery & gold products per annum. REL is confident of completing this order well within the time frame, leveraging on its expertise, skilled craftsmen, artisans and its exceptionally strong backward integrated infrastructure.

REL caters quality Indian Jewelry with best craftsmanship to the global markets. REL has combined the art of handmade jewelry and technology that spells excellence in the jewelry manufacturing industry.

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Rajesh Exports Share Price

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SEBI Registered: Investment Adviser - INA000013323