Tuesday, June 9, 2009

Rajesh Exports secures order worth Rs 5.34 billion


Rajesh Exports, a leading manufacturer and exporter of gold and diamond jewellery, has won an order worth Rs 5.34 billion for gold jewellery from Kuwait-based Lazorde Jewellery.

The order, to be completed by June 2008, will be executed from the company`s Bangalore facility, which has an installed capacity of 250 tons of jewellery per annum.

Meanwhile, institutional shareholding in the company has gone up to 28.5% and the FII holding has increased to more than 18%.

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