Rajesh Exports surges on the bourses

05 Jan 2012 Evaluate

Rajesh Exports is currently trading at Rs. 130.60, up by 1.95 points or 1.52% from its previous closing of Rs. 128.65 on the BSE.

The scrip opened at Rs. 129.90 and has touched a high and low of Rs. 130.70 and Rs. 128.20 respectively. So far 8854 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.00 on 31-Oct-2011 and a 52 week low of Rs. 82.10 on 02-May-2011.

Last one week high and low of the scrip stood at Rs. 130.80 and Rs. 122.00 respectively. The current market cap of the company is Rs. 3841.33 crore.

The promoters holding in the company stood at 50.51% while Institutions and Non-Institutions held 20.05% and 29.44% respectively. 

Rajesh Exports has welcomed the government's decision to make hallmarking mandatory on gold jewellery. The government on January 04, 2012 announced its decision of making hallmarking mandatory on gold jewellery.

SHUBH Jewellers which is a retail brand of the company is the largest retail jeweler in the country selling 100% hallmarked jewellery. With the decision of the government to make hallmarking mandatory, SHUBH Jewellers will stand to gain because it is the only organized retail jewellery chain in the country, which is fully complaint to the government regulations.

With this development SHUBH Jewellers will further strengthen its position with the retail consumers as the only government complaint jewellery chain. The consumers would be immensely benefitted because they would get guaranteed purity.

Rajesh Exports is manufacturer of gold and diamond jewellery. The company has its presence in entire jewellery cycle starting from refining of gold to marketing of jewellery. The company designs jewellery according to market trend and has a portfolio of 29,000 designs.

Rajesh Exports Share Price

233.75 -2.80 (-1.18%)
18-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 3401.45
Kalyan Jewell.India 753.90
Rajesh Exports 233.75
Senco Gold 1142.95
Thangamayil Jeweller 2024.20
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