Upper Circuit Stock Alert: Company Board Approves 200 KG Monthly Export Order And Advance Payment; Stock Price Locked in 5 Per Cent Upper Circuit
Over the last one year, Sky Gold and Diamonds Limited has delivered a return of 170.54 per cent.
Sky Gold and Diamonds Limited announced the receipt of a large recurring export order worth 200 KG per month from a respected jewellery company. The company has received advance payments as part of this new arrangement which will strengthen its cash flow and build confidence in its production capabilities and service quality.
The company remains optimistic that this new development will lead to improved operational performance throughout the next financial year. The company Sky Gold and Diamonds Limited thanked its employees, partners and shareholders for their dedication and faith in the company’s strategy.
The following is an overview of the company: Sky Gold Limited is a major gold jewellery design and manufacturing company that also markets its products primarily through B2B. The company has a wide range of products in its portfolio, which includes 22 Karat gold jewellery in different designs with American diamond-studded and colored stones. The in-house design team at Sky Gold comprises eighty members who come up with 2,000 to 2,500 new designs every month for mid-range jewellers and boutique stores.
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The company has an 81,000 sq ft manufacturing facility that produces 3,000 pieces every day and has a significant presence in over 2,000 showrooms. Sky Gold is now expanding its market by launching its brand in the USA and has plans to double the design output and the team strength by 2030. The company also has plans to enter SEA, MEA, and the USA and expand its product line to include white gold, platinum and natural diamonds.
As of April 11, 2025, the market value of Sky Gold and Diamonds Limited stands at Rs 320.5. The highest price the stock has reached in the past year is Rs 488.95, while the lowest price is Rs 104. The market capitalization of the company is Rs 4,478 crore. Over the last one year, Sky Gold and Diamonds Limited has delivered a return of 170.54 per cent. The company has a price-to-earnings (P/E) ratio of 41.43. Major public shareholders include LLP with a 5.65 per cent stake, Acron Consultants LLP holding 2.89 per cent, and Inder Soni with 1.57 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.