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Goldiam International bags export orders of Rs60cr from International client; Stock tumbles 7%

The order received for manufacturing of diamond studded gold and larger carat lab-grown diamonds jewellery.

January 24, 2022 3:20 IST | India Infoline News Service
Stock Market Trader, Stock Trader, Trading
Goldiam International Ltd has announced that the Company has received confirmed additional Export Orders worth of Rs60cr from its International clients for manufacturing of diamond studded gold and larger carat lab-grown diamonds jewellery.

The aforesaid larger carat lab-grown diamonds will be utilised from in-house diamond growing subsidiary Eco-Friendly Diamonds LLP, which gives full backward integration to further enhance profit margin of the Company.

At around 3:20 PM, Goldiam International was trading at Rs922.35 apiece down by Rs70.75 or 7.12% from its previous closing of Rs993.10 apiece on the BSE.

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