Profitable run

INVESTING INSIGHT

The stocks of companies engaged in the gems and jewellery business have gained in last three months on the Bombay Stock Exchange (BSE).

Platinum is finding increased usage among jewellery makers with the lowering of import duties to bring it at par with gold in the budget for the current financial year.

Classic Diamonds shares jumped from Rs 67.00 on July 1, to today's close of Rs 90.80, up 35.5 per cent on the Bombay Stock exchange (BSE).

During the same period the stock price of Golkunda Diamonds & Jewellery shot up from Rs 3.25 to Rs 5.45, up 67.69 per cent, SB & T Int increased from Rs 35.10 to Rs 76.59 up 118.20 per cent and Shrenuj & Company gained from Rs 40.04 to Rs 50.00, up 24.87 per cent.

Su-Raj Diamonds gained from Rs 19.55 to Rs 26.70, up 36.57 per cent, Suashish Diamonds increased from Rs 37.00 to Rs 49.75, up 34.45 per cent, Sunraj Diamond Exports moved down slightly from Rs 6.00 to Rs 5.49, down 8.5 per cent and Zodiac Jrd Mkj appreciated from Rs 11.00 to Rs 16.80, up 52.72 per cent.

Rajesh Exports rose from Rs 139.44 to Rs 155.40, up by 11.44 per cent and Robinson Worldwide Trade increased from Rs 95.90 to Rs 132.69.

Parekh Platinum rose from Rs 6.76 to Rs 9.30 up by 37.57 per cent and Goldiam International rose from Rs 42.00 to Rs 56.05.

Shantivijay Jewels rose from Rs 31.80to Rs 38.00, up by 19.49 per cent.

Flawless Diamond increased from Rs 4.40 to Rs 5.89. International Diamond Service minorly dropped from Rs 8.81 to Rs 8.25.