Flawless Diamond gets export orders worth Rs 325 mn
Flawless Diamond gets export orders worth Rs 325 mn Flawless Diamond India received an export order worth Rs 325 million from Jewelmax Company, Hong Kong for its diamond and designer jewellery. The order to be executed within the next 6 months is for its recently launched new designer jewellery.
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The company had participated in the Asia World Expo Hong Kong Jewellery & Watch Fair and received a very good response for its designers diamond jewellery of its brand `AUM`.
>Further, the company is now concentrating more into retailing of branded and non-branded jewellery. The firm has recently tied up with `Planet M` a chain of exclusive stores which caters to young generation and discerning shoppers.
With the launch of `AUM Diamond Jewellery`, the company is receiving good response from the export market as well as the local market in the country, the company said.
Bhawar U Jain managing director said, “the company is to carry on retail venture after its recently launched 18 outlets of the company which received very warm response from the retail customers. We are now planning to launch 100 outlets across India very soon. With the R&D of the company, man power, designer bank, we are confident enough to launch successfully more retail outlets, with the help of our retail business we are looking for very good profitability in coming quarter.“
Shares of the company gained Rs 5.30, or 5.61% at Rs 99.75. Total volume of shares traded at the BSE was 10861. (10.59 a.m, Wednesday)
