Goldiam zooms on recording strong sales via US e-commerce platforms on Black Friday week
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Goldiam International is currently trading at Rs. 139.40, up by 9.80 points or 7.56% from its previous closing of Rs. 129.60 on the BSE.
The scrip opened at Rs. 131.15 and has touched a high and low of Rs. 142.15 and Rs. 130.15 respectively. So far 40979 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 209.41 on 18-Jan-2022 and a 52 week low of Rs. 116.75 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 142.15 and Rs. 122.20 respectively. The current market cap of the company is Rs. 1518.02 crore.
The promoters holding in the company stood at 66.39%, while Institutions and Non-Institutions held 0.08% and 33.52% respectively.
Goldiam International (Goldiam) has witnessed an order inflow of $2 million during Black Friday week via e-commerce platforms, registering a growth of 30% YoY. The company has received order for both natural and lab-grown jewellery. Such orders are likely to be executed in 7-8 working days. These order receipts are via e-commerce platforms, making more working capital efficient. Of the total order received, lab-grown jewellery accounts for around 40% of the total value.
Goldiam International is into the business of manufacturing and exporting Jewellery. The company’s product line consists of varieties of designs, in Rings, Ear rings, pendants etc.
