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SRS discontinues operations of its jewellery division

04 Jan 2018 Evaluate

SRS has discontinued the operations of its Jewellery division with immediate effect due to liquidity crunch in the company. The company will close the operations by March 31, 2018.

SRS Group, which has diversified interests in sectors including jewellery, commodities, retail, hospitality, financial services, real estate, education and healthcare, has seen a major slump in its core business.



Peers
Company Name CMP
Avenue Supermarts 3440.00
Trent 3160.00
Vishal Mega Mart 96.00
PN Gadgil Jewellers 622.70
Aditya Birla Life 78.28
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