D.P. Abhushan Ltd., a leading name in India's jewellry industry, has announced the grand inauguration of its latest showroom in Ajmer, Rajasthan. The expansion marks a significant milestone in the Company's ongoing commitment to providing customers with exquisite jewellery and an unparalleled shopping experience.
The new showroom, strategically located on a prime ~1,512 sq ft plot, spans an impressive 6,050 sq ft across four floors, including a basement, ground floor, two additional floors, and a rooftop. Thoughtfully designed to offer a spacious and opulent ambience, the showroom is set to meet the increasing demand for gold, diamond, and silver jewellry in the region. Customers in Ajmer will enjoy D.P. Abhushan's signature collections, known for their exceptional craftsmanship and quality.
Speaking on the occasion, Mr. Santosh Kataria Managing Director said: "We are pleased to announce the opening of our new showroom in Ajmer, a strategic move in line with our ongoing expansion plans. This showroom strengthens our presence in Rajasthan and is poised to play a significant role in driving growth and profitability for D.P. Abhushan in the coming fiscal year.
With its prime location and expansive design, we expect this showroom to contribute meaningfully to our revenue mix, capturing a larger share of the region's growing demand for premium gold, diamond, and silver jewellery. As we continue to expand, this addition will serve as a key driver in achieving our ambitious targets for FY25, further enhancing operational efficiencies and customer reach."
Shares of D. P. Abhushan Limited was last trading in BSE at Rs. 1696.00 as compared to the previous close of Rs. 1618.80. The total number of shares traded during the day was 20135 in over 2175 trades.
The stock hit an intraday high of Rs. 1735.80 and intraday low of 1606.60. The net turnover during the day was Rs. 34095759.00.