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
26 September, 2017 21:49 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
GE Shipping takes delivery of secondhand medium gas carrier - 26-Sep-2017 11:37
Infosys accelerates private cloud adoption with OpenStack solution - 26-Sep-2017 10:09
SBI revises service charges on maintaining monthly average balance - 26-Sep-2017 10:04
Vivimed Labs inks pacts to facilitate investment of USD 42.5 mn - 26-Sep-2017 09:56
Gayatri Projects' JV bags order worth Rs 14.83 bn - 25-Sep-2017 15:15
Lupin receives USFDA approval for generic Clobex lotion - 25-Sep-2017 14:53
Suven Life Sciences secures product patents in India, Japan - 25-Sep-2017 12:10
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