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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 3166.00
Trent 2715.85
Vishal Mega Mart 87.00
PN Gadgil Jewellers 571.95
Aditya Birla Life 70.53
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