1. OVERALL REVIEW & INDUSTRY OUT LOOK
As There was continues slow down in demand from US and Europe, however slowdown has not impacted the diamond trade in India. Development of Asian and domestic market in the last of couple of years has changed the dynamic and Asian markets contribution are more in the global market. The overall review of the Trading of Diamonds are well fetched globally. The trend of export of Diamonds is expected to continue
2. OPPORTUNITIES
The Development of Asian and Domestic market, the trading activities for the cut and polished diamonds are more profitable and presently the company is concentrating on trading and exporting of cut and polished Diamonds only
3. RISK MANAGEMENT
Risk evaluation and management is an ongoing process in the company
4. INTERNAL CONTROL SYSTEMS AND ADEQUACY
The Company has adequate internal control mechanism commensurating with the size of operations of the company. The management continuously reviews the internal control system and procedures. Critical review is also done to reduce non value added paper work.
5. HUMAN RESOURCE AND INDUSTRIAL RELATIONS
Your company continues to have cordial relations with its employees.
6. CAUTIONARY STATEMENT
Certain statements in this report on "Managements Discussion and Analysis "are forward looking statements and which have been issued as required by applicable Securities Laws and regulations. There are several factors
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.