Even high-net-worth individuals (HNIs) have taken a shine to lab-grown diamonds, which earlier attracted mainly the 18-35 age group that could not afford natural diamonds, said people in the know. This, they said, has prompted listed players like Senco Gold & Diamonds to enter the market in this financial year to tap into the growing demand. Price remains a key magnet for customers, to be sure, as a carat of lab-grown diamond (LGD) costs ₹60,000-70,000, a fraction of ₹10-11 lakh for a natural diamond. "
So same store sales growth in this quarter has been 22%, so out of the 29% year-on-year growth. And as we said this year the franchisee performance has really picked up as against last year. So we are very much hopeful and confident that the same store sales growth will be in the range of 22% to 24%. And that is what will give us a good solid full year number as we proceed quarter on quarter.
See, we are market leader in east region and then we will continue to retain the market leadership in the east region. So, the focus will continue to be east and north.
See, we are market leader in east region and then we will continue to retain the market leadership in the east region. So, the focus will continue to be east and north.
The public issue will open on July 4 and close on July 6. The anchor book opened for investors for bidding for a day on July 3. Senco Gold will make its debut on the BSE and NSE on July 14.