NEW DELHI: Shares of Rajesh Exports surged over 4 per cent on Wednesday after the company bagged an order worth Rs 125 crore from Valcmabi to export an initial order of a special range jewellery for European market.
The development saw the scrip surge 6.02 per cent to hit a high of Rs 678. The order is to be delivered within four months with the jewellery exporter manufacturing the special range at its Bangalore plant.
“REL has developed an entirely new range of designs to suit the European markets,” said Rajesh Mehta, Chairma, REL.