The Gem and Jewellery Export Promotion Council (GJEPC) at its 44th Award function to felicitate outstanding achievers of Indian Gems & Jewellery Industry has awarded Renaissance Jewellery Limited as the Country's largest exporter in the category of Precious Metal Jewellery - Studded for the year 2016-17. Renaissance has been judged based on its excellent export performance, value additions to the company and the Industry.
The prestigious award was presented to the Company in the presence of Chief Guest Shri Suresh Prabhu, Hon'ble Minister of Commerce and Industry & Civil Aviation, Govt. of India. The Award was received on behalf of the Company by Mr. Hitesh Shah, Managing Director and Mr. Neville Tata, Executive Director of the Company.
Renaissance Jewellery has received this distinguished award for the 7th time.
The company's continuous investment in product development and design innovation has set it apart as an industry-leading manufacturer. Over the past 10 years The Renaissance Jewellery has grown in scale and breadth, covering Diamond Fashion, Diamond Bridal and Gemstone product.
Mr. Sumit Shah, the Vice Chairman of the Company, attributed the success to innovative designs and continued investment in product development. He stated, "A focus on design and product innovation, focus on newer geographies and product categories is the key to our success". He further added, "Renaissance believes that a well-run corporate set-up. coupled with good governance practices alone will provide stability, sustenance and growth in a volatile business environment".
Shares of RENAISSANCE JEWELLERY LTD. was last trading in BSE at Rs.300.6 as compared to the previous close of Rs. 308.65. The total number of shares traded during the day was 2620 in over 70 trades.
The stock hit an intraday high of Rs. 306.4 and intraday low of 299.9. The net turnover during the day was Rs. 795946.