Rajest Exports shares are trading in attractive level

Thebullishtrends: Rajesh Exports shares are trading at Rs.74.15. The leading manufacture of gold jewellery company Rajesh Exports shares are trading in lower levels. The current price Rs.74.15 is discounting the Q 3 annulized EPS of Rs.66.31 by a PE multiple of 1.18. Rajesh Exports said the company is having confident that rising gold prices may not affect the company performance. Rajesh Exports profits jumped 117.8% to Rs.61.25 crore on 10.4% growth in net sales to Rs.2067.23 crore in Q 3.