Uday Jewellery Industries Ltd launches new collection

Uday Jewellery Industries Ltd has launched an extension to its already ongoing exclusive jewellery collection, 'Kuwaity Collection'. The company is making good progress towards the strategic choices outlined earlier this year, specifically by introducing the development of our new product offering wide varieties in the category of Bangles, bracelets, chokers, Necklace - (Maharani, Short and Long).

"Kuwaity Collection" is an enchanting Arabian delights-inspired by the Middle-Eastern Asia culture, in glittering gold studded with colorful Ruby and Emerald gemstone and it makes the person feel royal and is unique in its own kind as it is lightweight and Production friendly.

Earlier, the company used to offer this collection in plain gold but now has come out with more vibrant designs by mixing colorful gemstones. The response to the new range is very encouraging and Company is receiving good number of sale orders from countries outside India. This new range is at present contributing to around l0-15% of the total Sales since its launch recently.

Further, company, is hopeful for quantum jump in sales during the ongoing Festive season and is looking forward for better prospects and rewarding turnaround on prices also.

Shares of Uday Jewellery Industries Ltd was last trading in BSE at Rs. 116.45 as compared to the previous close of Rs. 114.90. The total number of shares traded during the day was 6747 in over 53 trades.

The stock hit an intraday high of Rs. 118.60 and intraday low of 111.05. The net turnover during the day was Rs. 775886.00.

Source : Equity Bulls

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UdayJewelleryIndustries INE551B01012 NewCollection