Home Fashion Flawless Diamond announces 2 new outlets in Delhi

Flawless Diamond announces 2 new outlets in Delhi

Flawless Diamond announced the opening of two retail outlets in New Delhi, the first time that the company is opening its retail outlet outside Mumbai city. New Delhi is a very good potential market for diamond studded jewellery. These outlets are located at prime location of New Delhi viz., Bank Street, Karol Bagh and at Hardayal Singh Road, MCD market. The Company will start selling its branded designer jewellery "AUM COLLECTION" in these outlets. This expansion is the part of Company's retail programme for its branded and non branded diamond studded jewellery including its brand "AUM COLLECTION". The Company is going to open 25 outlets in the first phase of its expansion all over India. "We have received very encouraging response from our clients at our retail outlets, which has given us a very good boost to expand the retail market across the country," Mr. Bhawar U Jain, Company's Managing Director said. "We have the best infrastructure at the right place like Manufacturing, Designing and Research & Development Centre etc. The Company will now focus on expanding its "Aum" retail outlets, which will give us better performance in the coming quarters," he added. Shares of the company were trading at Rs 81.00, down by Rs 1.05, or 1.28% at the BSE. Total volume of shares traded was 1,600.

 

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