Sky Gold and Diamonds Collaborates with SENCO Gold and Diamonds to Launch 9kt Gold Jewellery

Sky Gold and Diamonds, one of India's leading Gold Jewellery Manufacturerjointly with Senco Gold & Diamonds a leading pan India jewellery retailer with a legacy of more than eighty five years and the largest jewellery retail player in eastern India based on the number of showrooms with a whooping count of 186+ today announced a significant step aimed at entering into collaboration for newly introduced 9kt gold jewellery segment.

Senco Gold & Diamonds, an esteemed existing customer of Sky Gold & Diamonds, has now collaborated with the company to design and supply 9kt gold jewellery collections. This collaboration marks a significant step in catering to India's growing demand for affordable and stylish jewellery, enabling both companies to capture a wider customer base through contemporary, lightweight, and cost-effective designs tailored to evolving consumer preferences.

Speaking on the occasion, Mr. Darshan Chauhan, Director and Chief Growth Officer at Sky Gold & Diamonds, said: "9kt jewellery is trending with the Gen Z because of the stylish, contemporary designs it offers and its alignment with fast fashion trends. It allows us to reach a wider customer base while also serving as a stepping stone for first-time gold buyers and buyers who need a variety of options in their jewellery collection.

This development marks an important milestone in Sky Gold's journey of growth and innovation. By collaborating with SENCO Gold & Diamonds for the 9kt jewellery, we aim to get into a new product line, and this association reflects our vision to make Sky Gold a trusted global jewellery brand."

Mr. Suvankar Sen, Managing Director and CEO, Senco Gold & Diamonds, said: "At a time when gold prices are at elevated levels, the introduction of exclusive 9kt modern designs allows us to offer more accessible jewellery options. This collaboration enables Senco Gold & Diamonds to effectively cater to the younger generation and the growing affordable jewellery segment, while staying true to our commitment of delivering style, trust, and innovation to our customers."

This development will allow both brands to leverage their strengths in design, craftsmanship, and market reach, catering to a wider base of value-conscious yet style-savvy consumers.

Shares of Sky Gold and Diamonds Ltd was last trading in BSE at Rs. 290.75 as compared to the previous close of Rs. 296.80. The total number of shares traded during the day was 77793 in over 2235 trades.

The stock hit an intraday high of Rs. 300.55 and intraday low of 288.10. The net turnover during the day was Rs. 22717428.00.

Source : Equity Bulls

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SkyGoldandDiamonds INE01IU01018 SENCOGoldandDiamonds Collaboration 9kt GoldJewellery