Rajesh Exports Ltd, One of India’s largest jewellery
exporter has bagged an export order worth Rs 1,780 crore for supply of designer
range of gold and diamond studded jewellery and medallions from UAE-based
Jamcelat Jewellery.
In a filing to BSE, the bengaluru based company said
the order, which is to be completed by March 31, 2015, will add significantly
to the bottom line.
This order will be executed at the company's
manufacturing facility at Bengaluru, which is spread over 12 acres. The
facility has an installed capacity to process 250 tonnes of jewellery per
annum. REL also makes handmade jewellery blending with technology at this unit,
the statement added.
The company's
stock gained nearly 15 percent on the news on the BSE.
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