Rajesh Exports shares jump 5% after 30% crash in 7 days. How the alleged Rs 15.15 lakh cr fraud saga unfolded

Rajesh Exports shares rose 5% to Rs 80.23 amid a broader market uptrend despite SEBI's interim order alleging that 97-99% of the company's revenue may have been inflated, in what is described as an alleged Rs 15.15 lakh crore fraud. SEBI has restrained promoter Rajesh Mehta from trading in the company's securities and directed the firm to cooperate with investigators. The stock has fallen 87% over three years and 55% in 2026 so far, while the company denies wrongdoing, citing a 'communication gap' and claims SEBI confused Valcambi's EBITDA with consolidated revenue.