Rajesh Exports Ltd receives new Export Order worth Rs. 745 Crores from Germany

Rajesh Exports Ltd. (BSE: 531500, NSE: RAJESHEXPO) has bagged a first major prestigious order post covid worth Rs. 745 Crores 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.

Mr Rajesh Mehta, Chairman, Rajesh Exports Ltd. said, "In this challenging times 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 RAJESH EXPORTS LTD. was last trading in BSE at Rs.478.05 as compared to the previous close of Rs. 482.65. The total number of shares traded during the day was 21777 in over 1951 trades.

The stock hit an intraday high of Rs. 487.5 and intraday low of 478.05. The net turnover during the day was Rs. 10495212.

Source : Equity Bulls

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