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Rajesh Exports has rallied 8% to Rs 216 on the Bombay Stock Exchange (BSE) after its retail brand SHUBH Jewellers posted record retail sales during Akshaya Tritiya.
“During the festive day of Akshaya Tritiya the 83 retail stores of SHUBH Jewellers spread over a retail area of about 55700 sq ft, posted record sales," Rajesh Exports said in a press release.
SHUBH is currently offering to the retail customers 100% hallmarked jewellery of the finest design at the lowest price in the World, which has been made possible due to the incomparable backward integration strengths of Rajesh Exports, it added.
The stock opened at Rs 199 and touched a record high of Rs 224 on the BSE. The trading volumes on the counter nearly doubled with a combined 741,332 shares changed hands on the BSE and NSE till 1249 hours.
Meanwhile, thus far in the current calendar year 2015, the stock zoomed 52% from Rs 142 against 0.75% rise in the S&P BSE Sensex.
“During the festive day of Akshaya Tritiya the 83 retail stores of SHUBH Jewellers spread over a retail area of about 55700 sq ft, posted record sales," Rajesh Exports said in a press release.
SHUBH is currently offering to the retail customers 100% hallmarked jewellery of the finest design at the lowest price in the World, which has been made possible due to the incomparable backward integration strengths of Rajesh Exports, it added.
The stock opened at Rs 199 and touched a record high of Rs 224 on the BSE. The trading volumes on the counter nearly doubled with a combined 741,332 shares changed hands on the BSE and NSE till 1249 hours.
Meanwhile, thus far in the current calendar year 2015, the stock zoomed 52% from Rs 142 against 0.75% rise in the S&P BSE Sensex.
