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Goldiam International gains on introducing first line of lab-grown diamond jewelry

10 Jun 2019 Evaluate

Goldiam International is currently trading at Rs. 107.95, up by 0.85 points or 0.79% from its previous closing of Rs. 107.10 on the BSE.

The scrip opened at Rs. 104.05 and has touched a high and low of Rs. 115.40 and Rs. 104.05 respectively. So far 26135 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.55 on 28-May-2019 and a 52 week low of Rs. 50.60 on 20-Jul-2018.

Last one week high and low of the scrip stood at Rs. 116.75 and Rs. 104.05 respectively. The current market cap of the company is Rs. 252.05 crore.

The promoters holding in the company stood at 62.69%, while Institutions and Non-Institutions held 0.03% and 37.28% respectively.

Goldiam International has introduced its first line of lab-grown diamond jewelry to current and potential new customers. It is among the first jewelry exporting companies to dive into manufacturing & distribution of the new age lab-grown diamond jewelry.

The Lab-grown diamonds are a new and highly disruptive product in the global diamond business. They are rapidly gaining appeal among US customers for the value they provide, being at least 50% cheaper than same quality mined diamonds. As the category is currently niche, but rapidly growing, there is potential to create a line of business that enjoys a higher margin than traditional mined-diamond jewelry manufacturing.

Goldiam International is into the business of manufacturing and exporting Jewellery. The company’s product line consists of varieties of designs, in Rings, Ear rings, pendants etc.

Goldiam Internatl. Share Price

406.75 0.70 (0.17%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4512.90
Kalyan Jewell.India 417.30
Rajesh Exports 121.98
Senco Gold 324.10
Thangamayil Jeweller 4129.85
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