Technical analyst Rakesh Bansal of New Age Wealth maintained 'buy' rating on Rajesh Exports Limited stock with a target of Rs 155.

According to analyst, the stock can be purchased with a stop loss of Rs 130.

Mr. Bansal said that the stock can attain the said target within one-week.

Today, the stock of the company opened at Rs 141.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 144.20 and a low of Rs 76.50 on BSE.

Current EPS & P/E ratio stood at 9.27 and 15.42 respectively. Bangalore based jewellery exporter

Rajesh Exports has kicked off its first jewellery service centre in Bangalore as part of its branding exercise to popularize the company's retail outlets.

This newly opened centre will facilitate clients to sell their old jewelry together with determining the purity of their jewelry.

"This newly launched service centres will help customers to sell their old jewellery after verification of the purity through scientific methods," Rajesh Mehta, chairman of Rajesh Exports said.

He added that gold rate would be associated to its global rates.

Rajesh Exports, which has about 30 outlets presently in India, is also making plans to append another 30 outlets by the end of March this year.

The company has registered a 2.26 times growth in its net profit, which stood at Rs 73.7 crore during the July- September period of the current financial year on account of higher earnings from its retail jewelry biz.