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Rajesh Exports bags Rs 534-cr Kuwait order

Our Bureau

Bangalore, April 30 Jewellery manufacturer Rajesh Exports has bagged an export order worth Rs 534 crore from Lazorde Jewellery, Kuwait. The order is to be completed by June 30. It expects the execution of the order to “significantly add to the bottomline.” This order will be executed at its manufacturing facility in Bangalore.

Meanwhile, the institutional share holding in the company has gone up to 28.5 per cent and the FII holding has increased to more than 18 per cent, the company said in a release.

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