At the recently concluded JCK Las Vegas Jewelry Exhibition, Goldiam International Ltd has introduced its first line of lab-grown diamond jewelry to current and potential new customers. We are among the first jewelry exporting companies to dive into manufacturing & distribution of the new age lab-grown diamond jewelry.
Lab-grown diamonds are a new and highly disruptive product in the global diamond business. They are rapidly gaining appeal among US customers for the value they provide, being at least 50% cheaper than same quality mined diamonds. As the category is currently niche, but rapidly growing, there is potential to create a line of business that enjoys a higher margin than traditional mined-diamond jewelry manufacturing.
Being on the forefront of accepting and adopting this technology, the Company has entered this space, through its core jewelry manufacturing & distributing business where we hope to champion this product to US Major Jewelry Retailers in the. upcoming months.
With a successful initial response, we are positive on our capability to deliver further value & superior product to our customers, as we actively look for further growth, through all available options, in this space.
Shares of GOLDIAM INTERNATIONAL LTD. was last trading in BSE at Rs.107.1 as compared to the previous close of Rs. 107.45. The total number of shares traded during the day was 4053 in over 77 trades.
The stock hit an intraday high of Rs. 110.65 and intraday low of 105.5. The net turnover during the day was Rs. 436299.