Goldiam International shines on entering into new location for domestic retail operations
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Goldiam International is currently trading at Rs. 360.45, up by 7.85 points or 2.23% from its previous closing of Rs. 352.60 on the BSE.
The scrip opened at Rs. 348.15 and has touched a high and low of Rs. 367.45 and Rs. 345.15 respectively. So far 24726 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 404.80 on 16-Oct-2024 and a 52 week low of Rs. 120.05 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 399.70 and Rs. 345.15 respectively. The current market cap of the company is Rs. 3832.88 crore.
The promoters holding in the company stood at 63.32%, while Institutions and Non-Institutions held 0.57% and 36.11% respectively.
Goldiam International has signed Leave & License agreement of its third flagship location for its domestic retail operations for lab-grown diamond jewellery under the brand ‘ORIGEM’ at Turner Road, Bandra West, Mumbai. All locations are scheduled to commence operations in Q3FY25.
Earlier, the company had signed Leave & License agreement of its first & second location for its domestic retail operations for lab-grown diamond jewellery under the brand ‘ORIGEM’ at Borivali West & Kharghar (New Mumbai). This strategic expansion marks a significant milestone in the company’s growth journey, entering the highly lucrative domestic operations.
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.
