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Lypsa Gems’ surges with arm bagging order worth Rs 15.4 crore

Lypsa Gems & Jewellery Ltd. | Trading | Miscellaneous | BSE: 534532 | NSE: LYPSAGEMS

01 Aug 2018 Evaluate

Lypsa Gems & Jewellery is currently trading at Rs. 14.94, up by 0.76 points or 5.36% from its previous closing of Rs. 14.18 on the BSE.

The scrip opened at Rs. 15.15 and has touched a high and low of Rs. 15.15 and Rs. 14.01 respectively. So far 26202 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.45 on 18-Sep-2017 and a 52 week low of Rs. 10.89 on 18-Jul-2018.

Last one week high and low of the scrip stood at Rs. 15.15 and Rs. 12.20 respectively. The current market cap of the company is Rs. 42.84 crore.

The promoters holding in the company stood at 36.31%, while Institutions and Non-Institutions held 0.27% and 63.43% respectively.

Lypsa Gems & Jewellery’s wholly owned subsidiary -- Lypsa DMCC has received a new order worth Rs 15.4 crore from customers in Middle East. This order entails supply of loose diamonds as well as diamond -studded jewelry. The company expects the tenure of completion for this order to be 7 months.

Besides, in order to build its retail business, Lypsa is constantly trying to increase presence of its two brands, ‘Oropel’ and ‘Lypsa Atelier’. Future growth plans include design collaborations, brand endorsements and setting up physical retail.

As the festive season in India as well as internationally draws near, the company expects demand for loose diamonds and jewelry to increase. The company is focusing on new design development and is confident that its new collection to be released shortly will be able to attract its customers to place large orders.

Lypsa Gems & Jewellery is wholly integrated diamond company sourcing rough diamonds from the major diamond mines, cutting and polishing them in its own factories & marketing its product to clients across the globe.

Lypsa Gems Share Price

5.26 0.11 (2.14%)

17-Apr-2026 16:59 View Price Chart

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Lypsa Gems’ surges with arm bagging order worth Rs 15.4 crore

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