Rajesh Exports wins jewellery order worth Rs 1,045 crore

The shares of the company went up by 1%

Jewellery exporter and retailer Rajesh Exports Tuesday said it has won a Rs 1,045-crore export order from Singapore.

In a BSE filing, Rajesh Exports said it "has bagged an export order worth Rs 1,045 crore of designer range of gold and diamond-studded jewellery and medallions from Singapore".

Read more from our special coverage on "JEWELLERY"

• Rs 6,300 crore business hit in Tamil Nadu, Puducherry due to jewellery strike
• Jewellery stocks rise by up to 8% as 18-day strike ends
• Jewellery as a safety device
• Centre shouldnt strangulate jewellery business: Kejriwal to Modi
• Excise on jewellery to stay, but finance ministry ready to ease rules

The company said this order will be executed at its manufacturing facility in Bengaluru and is to be completed by May 31.

The stock was trading at Rs 617.25, up 1.16%, from its previous close on BSE.