News

Advanced Search

Rajesh Exports Secures $289M Order from UAE

Jan 19, 2015 2:10 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Rajesh Exports Ltd. secured a new $289 million (INR 17.8 billion) export order for jewelry, according to a filing on the Bombay Stock Exchange (BSE). The news gave a boost to the company's stock today, which closed up 19.3 percent to INR 169.20 on the BSE.

The manufacturer told local press that the order came from a company in the United Arab Emirates and included designer gold and  diamond jewelry, as well as medallions. The company is expected to complete the order by March 31. 

In India, Rajesh Exports operates the retail jewelry chain-store SHUBH Jewellers.



Tags: diamonds, gold, India, Jeff Miller, Jewelry, Manufacturing, Rajesh Exports
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.