Rajesh Exports firms up on export order from UAE

The order is for designer range of gold and diamond embedded jewellery and medallions

SI Reporter Mumbai
Last Updated : Aug 19 2015 | 11:58 AM IST
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.

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First Published: Aug 19 2015 | 10:55 AM IST

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