India's Goldiam International rises on Q2 earnings jump

Goldiam International

10/11/2023 08:02

** Shares of Goldiam International  GOLI.NS  rise 3.8% to
138.20 rupees
    ** Stock on track for a fifth consecutive session of gain,
if trend holds
    ** Jewellery maker's Q2 profit jumps ~25%; revenue up nearly
57%
    ** Smart product mix, better inventory management, upcoming
festive season contributed to higher revenue for Q2, co says
    ** Co also declares interim dividend of 1.20 rupees per shr
    ** More than 710,000 shares change hands by 1:29 p.m. IST,
2x of 30-day avg
    ** Including day's gains so far, stock up 2% YTD

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))