Rajesh Exports shines as its retail brand posts record sales during Festive season

03 Jan 2013 Evaluate

Rajesh Exports is currently trading at Rs. 139.90, up by 0.95 points or 0.68% from its previous closing of Rs. 138.95 on the BSE.

The scrip opened at Rs. 140.30 and has touched a high and low of Rs. 141.85 and Rs. 139.50 respectively. So far 31452 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 150.35 on 26-Dec-2012 and a 52 week low of Rs. 110.05 on 26-Mar-2012.

Last one week high and low of the scrip stood at Rs. 148.30 and Rs. 137.45 respectively. The current market cap of the company is Rs. 4133.64 crore.

The promoters holding in the company stood at 52.18% while Institutions and Non-Institutions held 18.77% and 29.05% respectively.

Rajesh Exports (REL’s) - retail brand - SHUBH Jewellers has posted record retail sales during the Diwali and Christmas festive season. During the Diwali month of November the 80 retail stores of SHUBH Jewellers recorded sales in excess of Rs 227 crore, wherein 743 kilos of jewellery was sold in a retail area of about 48000 sq ft. During the month there was a footfall of 97322 customers and 64312 conversions were recorded with a sale of 79347 pieces of Jewellery.

SHUBH Jewellers on a consolidated basis has recorded an increase of 45% over sales during the same period last year and has recorded an increase of 37% over the footfalls recorded during the same period last year. With this performance during the festive season SHUBH Jewellers has clearly emerged as the largest and the most preferred retail jeweller in Karnataka.

Further, R&D department of the company has created 1000 new designs for the forthcoming wedding season, these designs are expected be introduced in SHUBH Jewellers stores from January 15th.

Rajesh Exports is manufacturer of gold and diamond jewellery. The company has its presence in entire jewellery cycle starting from refining of gold to marketing of jewellery. The company designs jewellery according to market trend and has a portfolio of 29,000 designs.

Rajesh Exports Share Price

303.85 12.10 (4.15%)
10-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Titan Co 3291.10
Kalyan Jewell.India 410.85
Rajesh Exports 303.85
Sagar Diamonds 30.00
Senco Gold 883.85
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