Rajesh Exports rose 1.37% to Rs 621.50 at 13:57 IST on BSE after the company said it procured export order worth Rs 1079 crore.Meanwhile, the S&P BSE Sensex was down 14.62 points, or 0.04% to 37,737.55.
On the BSE, 50,000 shares were traded in the counter so far compared with average daily volumes of 42,000 shares in the past two weeks. The stock had hit a high of Rs 627.70 and a low of Rs 617 so far during the day. The stock hit a 52-week high of Rs 800.05 on 16 March 2018. The stock hit a 52-week low of Rs 544 on 16 October 2018.
Rajesh Exports said the order has been procured beating global competition from a leading wholesaler and stockist of Middle East for further distribution to the global markets. The order is to be completed by June 2019.
On a consolidated basis, net profit of Rajesh Exports rose 4.79% to Rs 315.97 crore on 6.57% rise in net sales to Rs 44017.21 crore in Q3 December 2018 over Q3 December 2017.
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