Gitanjali Gems is currently trading at Rs. 340.80, up by 2.65 points or 0.78% from its previous closing of Rs. 338.15 on the BSE.
The scrip opened at Rs. 339.60 and has touched a high and low of Rs. 341.50 and Rs. 336.10 respectively. So far 40,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 387.40 on 12-Oct-2011 and a 52 week low of Rs. 156.35 on 31-Jan-2011.
Last one week high and low of the scrip stood at Rs. 344.90 and Rs. 320.05 respectively. The current market cap of the company is Rs. 3,002.00 crore.
The promoters holding in the company stood at 53.52% while Institutions and Non-Institutions held 26.77% and 19.71% respectively.
Gitanjali Gems’ wholly owned subsidiary - Aston Luxury Group has acquired 100% stake of 'Crown Aim' ('Crown Aim') on December 02, 2011. Pursuant to this acquisition, Crown Aim has become a step down subsidiary of the company.
Crown Aim is a Hong Kong based company engaged in the business of distribution of jewellery to China, Japan, USA, Middle East and Europe. In addition, Crown Aim has a jewellery manufacturing unit in China and plans to setup retailing of jewellery in China. Crown Aim also has a 100% subsidiary with the name Alfred Terry Holding and a step down subsidiary named Alfred Terry in London, for distribution of jewellery in UK.
Alfred Terry is 45 years old company and has a wide distribution to chain stores and independent presence in UK. It covers nearly 2,000 jewellery shops.
Gitanjali Group's has operational presence starting from sourcing of rough diamond, cutting, polishing and distributing, to jewellery manufacturing, which includes designing, mould making, wading, casting, sprue grinding, filing, polishing and setting. The company was first to offer diamond studded jewellery at reasonable prices.
| Company Name | CMP |
|---|---|
| Titan Co | 3178.70 |
| Kalyan Jewell.India | 711.60 |
| Rajesh Exports | 232.80 |
| Senco Gold | 1110.40 |
| Thangamayil Jeweller | 1980.30 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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