Rajesh Exports gains on securing Rs 1,122 crore export order

Thus far in 2015, the stock appreciated by 396% from Rs 142 to Rs 705 as compared to 5% decline in the Sensex.

Gold jewellery
<a href="http://www.shutterstock.com/pic-43328503/stock-photo-close-up-image-of-luxury-golden-accessories-with-precious-stones.html" target="_blank">Image</a> via Shutterstock
SI Reporter Mumbai
Last Updated : Nov 30 2015 | 12:17 PM IST
Rajesh Exports has moved higher by 4% to Rs 705 on the BSE, after the company announced that it has bagged an export order worth Rs 1,122 crore of designer range of gold and diamond studded jewellery and medallions from UAE.

The said order is to be completed by March 31, 2016, it added. At 11:13 AM, the stock was up 3% at Rs 701 on the BSE. A combined 698,530 shares changed hands on the counter on the BSE and NSE so far.

Meanwhile, shares of Rajesh Exports, the largest manufacturer of gold products in the world, thus far in 2015, has appreciated by 396% from Rs 142 as compared to 5% decline in the S&P BSE Sensex.
 

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First Published: Nov 30 2015 | 11:18 AM IST

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