Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
22 June, 2017 21:59 IST
Rajesh Exports bags export order worth Rs 11.40 bn
Source: IRIS | 19 May, 2017, 12.30PM
Comments  |  Post Comment

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)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Strides Shasun, Vivimed Labs achieve closure to set up JV in India, Singapore - 22-Jun-2017 14:26
PI Industries enters into JV agreement with Kumiai Chemical - 22-Jun-2017 14:22
Lupin launches generic Topicort LP Emollient Cream, Topicort cream in US - 22-Jun-2017 14:17
Prism Cement's arm completes expansion of vitrified tiles capacity at Morbi - 22-Jun-2017 10:27
Nila Infra bags work order worth Rs 251.6 mn from AMC - 22-Jun-2017 10:25
NHPC inks MoU with Ministry of Power for 2017-18 - 22-Jun-2017 10:21
Glenmark Pharma gets tentative approval for generic Vesicare tablets - 22-Jun-2017 10:11
Alembic Pharma receives USFDA nod for Amantadine HCl capsules - 22-Jun-2017 10:04
HDFC Bank partners with ZineOne for rich digital banking experience - 21-Jun-2017 16:04
Reliance Defence to form JV with French Co Thales - 21-Jun-2017 14:04
Reliance Defence to form JV with French Co Thales - 21-Jun-2017 14:04
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer