India has made a giant leap in the diamond industry. Recently, Indian company Rajnish Retail Limited secured a massive Rs 1,500 crore order from the world’s leading diamond companies, De Beers and Signet Jewelers. This deal has not only enhanced the company’s market reputation but also generated massive demand for its shares among investors. Experts predict a 2,000% increase in the company’s share price within the next 10-12 months. Currently trading at Rs 14, the share could reach Rs 220 by next year.
What Makes This Deal Special?
This deal with global leaders like De Beers and Signet Jewelers is a testament to the quality and service capabilities of the Indian company. It opens opportunities for the company to expand into new markets. Following this news, there is tremendous enthusiasm among investors, and it is considered a golden opportunity for both small and large investors.
How did this success come about?
Rajnish Retail has developed a unique patented technology that allows high-quality diamonds to be produced in the lab in a shorter time. The company has improved the traditional diamond-making processes and successfully implemented a new method that provides a quality similar to that of natural diamonds. This technological advancement not only reduces costs but also significantly shortens production time, making the process more efficient and faster.
Recently, Rajnish Retail expanded its product range from 15 to over 100, a step that has proven to give the company new direction in both the domestic and international markets. Through this strategy, the company has included diamond jewelry, customized jewelry, and luxury ornaments in its portfolio, offering more options to customers. The company has successfully developed White Diamonds in the lab in record time. This achievement is being regarded as a significant milestone not only for the Indian diamond industry but also in the international market. White Diamonds, known for their rarity and high price, can now be easily and quickly produced using Rajnish Retail’s new production methods. Read more
Source: Business World