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Rajesh Exports rises on bagging export order worth Rs 1206 crore

03 Nov 2016

Rajesh Exports is currently trading at Rs. 463.35, up by 3.05 points or 0.66 % from its previous closing of Rs. 460.30 on the BSE.

The scrip opened at Rs. 464.95 and has touched a high and low of Rs. 472.50 and Rs. 463.00 respectively. So far 24419 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. 422.50 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 486.00 and Rs. 457.00 respectively. The current market cap of the company is Rs. 13716.30 crore.

The promoters holding in the company stood at 53.93%, while Institutions and Non-Institutions held 19.66% and 26.41% respectively.

Rajesh Exports (REL) has bagged an export order worth Rs 1206 crore of designer range of gold & diamond studded jewellery & medallions from UAE. The order is to be completed by February 2017. The 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. The company is confident of completing this order well within the time frame, leveraging on its expertise, skilled craftsmen, artisans & 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.

Related Rajesh Exports Ltd. Links:

Rajesh Exports Share Price

573.35 -12.30 (-2.10%) Jun 18, 14:53
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323