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15 April, 2021 19:04 IST
Rajesh Exports bags new export order worth Rs 7,450 mn
Source: IRIS | 07 Apr, 2021, 06.10PM
Rating: NAN / 5 stars.
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 Rajesh Exports (REL), a manufacturer and marketer of jewellery,  has bagged a first major prestigious order post covid worth Rs. 7,450 million of designer range of gold jewellery from Germany. The said order is to be completed by July, 2021.

Company will be executing the order from its own manufacturing facilities, which are the world’s largest gold manufacturing facilities. These facilities have processing capacity of 250 tons of jewellery and gold products per annum. 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.

Rajesh Mehta, Chairman, Rajesh Exports said, "In this challenging time we are happy to inform that company has yet again got an overseas order which proves our efficiency in executing orders. During the pandemic we have very cautiously handled our business and have ensured that the Company does not suffer any losses, and have posted profits. The growth from quarter to quarter is improving and we would be able to post impressive top line and bottom line in the coming quarters."

Shares of the company declined Rs 1, or 0.21%, to settle  at  Rs 480.10.  The total volume of shares traded  was  49,578 at  the BSE (Wednesday).  

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