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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 

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: Wed, August 19 2015. 10:55 IST