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21 March, 2018 12:16 IST
Rajesh Exports bags export order worth Rs 11.40 bn
Source: IRIS | 19 May, 2017, 12.30PM
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Rajesh Exports has bagged export order worth Rs 11.40 billion. The order has been procured beating global competition from a well established and prestigious global white label importer from UAE. The said order is to be completed by September 2017.

The company will be executing the order from its Bangalore facility, which is the world's largest gold manufacturing facility. This facility has a processing capacity of 250 tons of jewellery and gold products per annum.

The company is confident of executing this order well within the time frame on the back of its expertise, skilled craftsmen, artisans & its exceptionally strong backward integrated infrastructure. With this current order which is to be executed by September 2017, order book at the consolidated level stands at Rs 368.20 billion.

Shares of the company declined Rs 4.9, or 0.77%, to trade at  Rs 634.05.  The total volume of shares traded  was  36,474 at the BSE (12.21 p.m., Friday).

Rajesh Exports Limited   (Q,N,C,F)*

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