Rajesh Exports gained 1.14% to Rs 88.50 at 14:11 IST on BSE on reporting 46.81% surge in net profit to Rs 48.94 crore on 40.72% increase in total income to Rs 2525.40 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 90.70 and a low of Rs 86.50 so far during the day. The stock had a 52-week high of Rs 170 on
The company has an equity capital of Rs 25.06 crore. Face value per share is Rs 1.
The current price of Rs 88.50 discounts its Q3 December 2007 annualised EPS of Rs 66.31, by a PE multiple of 1.33.
Rajesh Exports’ net profit rose 103.94% to Rs 206.56 crore on 25.73% increase in total income to Rs 866.71 crore in the year ended March 2008 over the year ended March 2007.
In April 2008, Rajesh Exports secured a contract worth Rs 534 crore from Lazorde Jewellery,
The company's principal activity is to manufacture gold jewellery. It is the country's largest exporter of gold jewellery.
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