Goldiam International announced yesterday after market hours that it has received its highest ever confirmed Export Orders.
These orders are collectively worth Rs.140 crore and mainly for manufacturing of diamond studded designed gold jewellery.
The order is to be executed and delivered within coming 3 months.
The company, which has been around for over two decades now operates as a manufacturer of diamond studded gold, platinum and silver jewelry. Its business model is that of being an OEM to retailers globally.
The stock price is up in the green today, rising almost 8% to Rs.85. Its 52-week high is at Rs.94.80.