 "Rajesh Exports rallies on Rs 1,350 crore export order")
Rajesh Exports has rallied 4% to Rs 169, extending its Friday’s 4.5% surge on BSE, after the company said it has bagged an export order worth Rs 1,350 crore of designer range of gold and diamond studded jewellery and medallions from M/s Al Sultan Jewellery, UAE.
The order is to be completed by 28th February 2015. Execution of this order will significantly add to the bottom line of the company, Rajesh Exports said in a statement.
The company said the demand for Indian jewellery in the foreign markets has been growing rapidly.
The stock opened at Rs 164 and hit a high of Rs 175 on BSE. A combined 413,371 shares changed hands on the counter till 1045 hours on BSE and NSE.
The order is to be completed by 28th February 2015. Execution of this order will significantly add to the bottom line of the company, Rajesh Exports said in a statement.
The company said the demand for Indian jewellery in the foreign markets has been growing rapidly.
The stock opened at Rs 164 and hit a high of Rs 175 on BSE. A combined 413,371 shares changed hands on the counter till 1045 hours on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%