Rajesh Exports may sparkle on new order

Rajesh Exports has received an order worth ₹653 crore from Singapore for export of designer range of gold and diamond-studded jewellery and medallions. The order is to be completed by September. The company will execute the order from its manufacturing facility at Bengaluru, Rajesh Exports said in a post-market-hours disclosure. The stock may react positively to the development, as analysts monitor the development closely.