Rajesh Exports wins export order worth Rs 1,188 cr


Jewellery exporter and retailer Rajesh Exports   today said it has won a Rs 1,188-crore export order from the United Arab Emirates. In a BSE filing, Rajesh Exports said it “has bagged an export order worth Rs 1,188 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 June 30. Rajesh Exports stock was trading at Rs 612.50, up 3.45 percent, from the previous close on BSE. Rajesh Exports stock price On April 11, 2016, at 11:17 hrs Rajesh Exports was quoting at Rs 610.95, up Rs 18.90, or 3.19 percent. The 52-week high of the share was Rs 745.50 and the 52-week low was Rs 181.00. The company’s trailing 12-month (TTM) EPS was at Rs 13.64 per share as per the quarter ended December 2015. The stock’s price-to-earnings (P/E) ratio was 44.79. The latest book value of the company is Rs 96.20 per share. At current value, the price-to-book value of the company is 6.35.