Narbada Gems and Jewellery Ltd updates on Vilandi collection

Narbada Gems and Jewellery Ltd has launched an extension to its already ongoing exclusive jewellery collection, "Vilandi" - Flat Polki Diamond Jewellery Collection. The company is elated to announce that it is making good progress towards the strategic choices outlined earlier this year, specifically by introducing the development of the new product offering with stunning designs and several varieties in the category of heavy Royal Necklaces.

"Vilandi" is a classic, stunning heavy royal bridal Jewellery collection inspired by the Hyderabad based Royal Jewellery designs. The Company offers Flat Diamond Jewellery heavily studded with colorful Ruby, Emerald and other precious gemstone which makes the person feel royal due to its uniqueness and vibrant designs. It is designed exclusively to celebrate the glory ofbrides in India and abroad. This collection is unique and offers opulent choices as it is manufactured exclusively in Hyderabad and crafted by skilled artisans.

The response to the new range is very encouraging and Company is receiving good number of sale orders across Country and abroad, and it has started dispatching export orders. This will provide a boost to the top line and bottom line. This new range is at present contributing about l5-20% percentage of total Sales since its launch.

Further, Company is hopeful for quantum jump of around 30-40% in sales during the ongoing Festive season and near future with better prospects and rewarding turnaround on prices also.

Shares of NARBADA GEMS AND JEWELLERY LTD. was last trading in BSE at Rs. 33.95 as compared to the previous close of Rs. 34.00. The total number of shares traded during the day was 3228 in over 54 trades.

The stock hit an intraday high of Rs. 36.95 and intraday low of 32.00. The net turnover during the day was Rs. 111432.00.

Source : Equity Bulls

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NARBADAGEMSANDJEWELLERY INE540C01021 VilandiCollection