Rajesh Exports firms up on export orders worth Rs 780 crore

The order worth Rs 780 crore from Singapore is for gold and diamond studded jewellery and medallions

Image
SI Reporter Mumbai
Last Updated : Apr 28 2016 | 1:25 PM IST
Shares of Rajesh Exports were up nearly 2% at Rs 581 on the Bombay Stock Exchange after the company said that it has bagged an export order from Singapore.

The order for designer range of gold and diamond studded jewellery and medallions from Singapore is worth Rs 780 crore, the company said in a release.

The order is to be completed by July 15, 2016 and the order will be executed at the manufacturing facility in Bangalore, the release added.

The stock opened at Rs 576 and touched a high of Rs 584. At 1:20pm, over 268,000 shares were traded on both the stock exchanges.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 28 2016 | 1:23 PM IST

Next Story