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India’s export of cut and polished diamonds (CPDs) is expected to decline by 22% to $17.2 billion in FY2024 due to subdued demand from the key consuming nations, according to rating agency ICRA. The rating agency noted that CPD exports ...
Manoj Vaibhav Gems ‘N’ Jewellers plans to raise up to Rs 270.2 crore through an initial public offering. The subscription for the IPO opens on September 22 and closes on September 26, 2023. The price band is fixed at Rs 204 ...
Senco Gold Limited plans to raise Rs 405 crore through an initial public offering (IPO). The subscription for the IPO will be open from July 4 to July 6, 2023. The price band is fixed at Rs 301-317 per share.The ...
India’s organised jewellery retailers are expected to outperform the overall jewellery industry in FY2024, supported by new store openings by a majority of large jewellery retailers and market share gains due to accelerated formalisation of the industry, according to rating ...
Corporate India has registered subdued sequential revenue growth of 1.4% in Q3FY2023, although the revenue had grown by 17.2% on yearly basis, according to ICRA’s analysis of 620 listed companies that excludes financial sector entities.Even though the third quarter is ...
As the pandemic wreaked havoc on all industries that was linked to consumption and retail consumers, one industry managed to recover at a quicker pace compared to other industries. The jewellery sector continued to show robust recovery after the impact ...