Flawless Diamond ties up with "Pallazio" for opening of Premium retail Outlets

Flawless Diamond India Ltd has announced that the Company has tied up with "Pallazio" of Danabhai Jewellers a leading name in Gems & Jewellery sector for opening of its outlets. Initially Company has opened outlet at Prabhadevi, Mumbai & will be opening soon at Pune also for the sale of its AUM Diamond Jewellery. Pallazio Store is a chain of exclusive stores catering to discerning shoppers. It is catering up to market clientle. The AUM brand will get a tremendous boost with this association. Pallazio Store's premium location and its status fits very well with Company's marketing strategy and brand development policy.

Further, after receiving very good response in its retail business and very good buyer response for its branded AUM Diamond Jewellery, the Company is now totally focusing on its retail marketing strategy. Recently the Company has developed more than 5000 special new design for its retail outlets. These designs are very exclusive and would cater to all class of customers.

Mr. Bhawar U Jain Managing Director says that "Company is very well equipped and well experienced with all systems fully developed to launch successfully its retail stores. We are looking for good growth in the near future."

The stock was trading at Rs.97, up by Rs.7 or 7.78%. The stock hit an intraday high of Rs.98.20 and low of Rs.92.65. The total traded quantity was 34575 compared to 2 week average of 16114.

Source : Equity Bulls

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