01-01-1970 12:00 AM | Source: Accord Fintech
Uday Jewellery Industries gains on bagging bulk export order of Rs 5 crore
News By Tags | #695 #572 #8435

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Uday Jewellery Industries is currently trading at Rs. 147.00, up by 0.05 points or 0.03% from its previous closing of Rs. 146.95 on the BSE.

The scrip opened at Rs. 146.95 and has touched a high and low of Rs. 151.30 and Rs. 145.00 respectively. So far 7590 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.70 on 12-Sep-2022 and a 52 week low of Rs. 75.00 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 164.70 and Rs. 141.00 respectively. The current market cap of the company is Rs. 322.07 crore.

The promoters holding in the company stood at 73.71%, while Institutions and Non-Institutions held 0.00% and 26.29% respectively.

Uday Jewellery Industries has received an export order for supplies in bulk quantity of approximately 11.4 Kgs valuing about Rs 5 crore from well-known Jewellery Brand in Dubai and the order has been dispatched on September 14, 2022 by the company from Hyderabad. The company is making good progress towards the strategic choices outlined earlier this year, specifically by appointing Jewellery Designers who introduced the new designs in products offering with stunning designs and several varieties in the category of studded precious gemstones Jewellery.

The ordered Jewellery collection is unique and offers opulent choices as designed by skilled Jewellery designers. The company has received good response to the new range and the company is receiving good number of sale orders in India and abroad.

Further, company is hopeful for substantial repeat orders from the Jewellery Brand and is also making deep inroads into newer markets with the newer collections and designs of CZ and precious gemstone studded jewellery.

Uday Jewellery Industries is specialized in creating handmade gold jewellery studded with cubic zirconia and colour stones. The company sales its products in different geographical areas, in domestic market as well as overseas market.