Goldiam International on Thursday announced that the company received confirmed Export Orders of larger carat lab-grown diamonds jewellery worth of Rs20cr from its International retailer clients.
Further, the aforesaid larger carat lab-grown diamonds will be utilised from in-house diamond growing subsidiary Eco-Friendly Diamonds LLP, which gives full backward integration to further enhance profit margin of the Company.
The order will be delivered in November this year.
On Sensex, Goldiam closed at Rs699.45 per piece up by 2.9%.