Shares of Goldiam International surged by more than 5% on September 5, 2024, after the company received an order worth Rs 70 crore from the USA.
The company has recently received purchase orders for diamond studded gold jewellery worth Rs.70 crores from large retailers in the United States, with lab-grown diamond jewellery making up 80% of the orders.
As per the exchange filing, the company shared, “With this orders, we are thrilled to announce that Goldiam’s cumulative orders book has surpassed Rs.200 crores, marking a significant milestone in the Company’s history. What makes this achievement even more noteworthy is that the majority of these orders are for Lab-grown diamonds, reflecting the growing demand for sustainable and innovative jewellery solutions.”
As of 11:18 am, Goldiam International shares were trading 5.16% higher at Rs 353.80 on the NSE.