Rajesh Exports wins export order worth Rs 1,053 crore

Jewellery exporter and retailer Rajesh Exports said it has won a Rs 1,053-crore export order from the UAE.

In a BSE filing, Rajesh Exports said it "has bagged an export order worth Rs 1,053 crore of designer range of gold and diamond-studded jewellery and medallions from the UAE".

The company said this order will be executed from its manufacturing facility in Bengaluru and is to be completed by August 31.

The stock was trading at Rs 564, up 1.02%, from its previous close on BSE.

The company's shares were up 0.28% or Rs 1.55 at Rs 559.85 per share.