The Board of Directors of D. P. Abhushan Limited has approved the proposal for opening a Company-owned jewellery showroom at Dahod, Gujarat, as part of the Company's retail expansion strategy. The said showroom will be opened at Ambika Society, Dahod (Guj.).
The proposed showroom, having an approximate retail area of 3,200 square feet, will be the Company's first showroom in the State of Gujarat and will mark the Company's strategic entry into the Gujarat retail market. The showroom will be owned and operated by the Company and is expected to establish the Company's retail presence in the region, enhance customer accessibility, and strengthen its brand recognition among customers in Gujarat. The showroom will offer the Company's comprehensive range of jewellery products in accordance with its established quality standards and customer service practices.
The expected date of commencement of operations are presently under finalisation and shall be implemented in due course.
Shares of D. P. Abhushan Limited was last trading in BSE at Rs. 1334.25 as compared to the previous close of Rs. 1326.40. The total number of shares traded during the day was 2286 in over 140 trades.
The stock hit an intraday high of Rs. 1341.90 and intraday low of 1295.00. The net turnover during the day was Rs. 3023453.00.