Rajesh Exports gains on winning export orders worth Rs 1,188 crore

The stock moved higher by nearly 5% to Rs 619 on the BSE.

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Golden Globes Award (Photo: www.goldenglobes.com)
SI Reporter Mumbai
Last Updated : Apr 11 2016 | 10:31 AM IST
Rajesh Exports has moved higher by nearly 5% to Rs 619 on the BSE after the company announced it has bagged an export order worth Rs 1,188 crore of designer range of gold and diamond studded jewellery and medallions from UAE. The order is to be completed by 30th June 2016.

The demand for Indian jewellery and Indian gold products in the foreign markets has been growing rapidly, Rajesh Exports said in a release.

At 10:19 am, the stock was up 4% at Rs 615 on the BSE as compared to 0.07% rise in S&P BSE Sensex. A combined 298,863 shares changed hands on the counter on the BSE and NSE.
 

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First Published: Apr 11 2016 | 10:22 AM IST

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