Classic Diamonds’ Surat factory has not been operational fully from the past two months due to which it has been shut down completely from around the second fortnight of the last month.
The company was previously a site holder with DTC and used to procure rough diamonds in significant quantities for which it required huge production capacity but in the recent past the company has surrendered its site with DTC.
Since the company is now no longer a site holder, it does not require such huge production capacity. With the decrease in stock holding the company did not require such huge manufacturing facility and the required production can be undertaken from its present factory at Andheri.
Classic Diamonds is an India based diamond manufacturing company whose principal activity is to cut, polish and market fully processed, polished and rough diamonds and gold-studded, jewellery.
| Company Name | CMP |
|---|---|
| Titan Co | 4523.45 |
| Kalyan Jewell.India | 442.55 |
| Rajesh Exports | 120.67 |
| Senco Gold | 326.50 |
| Thangamayil Jeweller | 4253.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: