Goldiam International jumps after bagging orders

Goldiam International rose 4.18% to Rs 82.20 at 10:52 IST on BSE after the company said it received export orders worth Rs 140 crore from its international clients for manufacturing diamond studded designed gold jewellery.

The announcement was made after market hours yesterday, 4 September 2018.

Meanwhile, the S&P BSE Sensex was down 23.67 points, or 0.06% to 38,134.25.

On the BSE, 9,728 shares were traded in the counter so far compared with average daily volumes of 4,695 shares in the past two weeks. The stock had hit a high of Rs 85 and a low of Rs 81.60 so far during the day. The stock hit a 52-week high of Rs 94.80 on 7 September 2017. The stock hit a 52-week low of Rs 50.60 on 20 July 2018.

Goldiam International said the order will be delivered within coming 3 months.

On a consolidated basis, net profit of Goldiam International rose 213% to Rs 9.39 crore on 33.01% rise in net sales to Rs 96.31 crore in Q1 June 2018 over Q1 June 2017.

Goldiam International manufactures and exports diamond studded jewelry.

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