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Shares of Tara Jewels are trading higher by 2% at Rs 34 on the Bombay Stock Exchange (BSE) after the company secured an order order worth Rs 53.4 crore from Walmart USA for supply of diamond-studded jewellery.
The order needs to be be delivered by October 15. The company supplies to retailers in over 20 countries such as the US, the UK and Europe.
The company has clients including Walmart, Kay Jewelers, Zales, Jared, Ernest Jones, H Samuels, Helzberg, JC Penney, Blue Nile, American Swiss among others. The company operates across 19 retail stores in India.
The stock opened at Rs 33 and touched a high of Rs 35.80 on the BSE.
