Rajesh Exports firms up on export order from UAE

Shares of Rajesh Exports extended gains and was up nearly 2%,  after the company said it has received an export order worth Rs 1,170 crore.

The order is for designer range of gold and diamond embedded jewellery and medallions from UAE-based AL Malek Jewellery, the company said in a release.

The order is to be completed by October 2015 and will boost the bottom-line of the company, the release added.

The stock opened at Rs 605 and touched a high of Rs 622. At 10:55AM nearly 1 million shares were traded on both the stock exchanges.