Monday, August 04, 2014

Shree Ganesh Jewellery House (I) Ltd - The best bet in Jems & Jewellery sectors .

Shree Ganesh Jewellery House Ltd is the largest manufacturer and exporter of hallmarked and handcrafted gold jewellery in India. The company is engaged in the manufacturing and exporting of handcrafted gold and studded jewellery. Their products are primarily exported to countries such as the UAE, Singapore, Middle East, Europe, Hongkong and Srilanka.
Design SGJHL Wins 2nd Prize in Cocktail Category at JAS 2013, Jaipur. On behalf of the company, the award was received by Mr. Rahul Singh-Head-Marketing and Corporate Communications along with designer-Subal Guin. The ring is made of 18k Gold and set with Blue tourmaline, Diamonds & Ruby. 
Leading celebrity couturier and fashion designer Sabyasachi Mukherjee was an empanelled designer with the company from 2008-2012 and had launched the GAJA SABYASACHI COLLECTION which was targeted at the high end clientele.
. The collection is being designed by Sabyasachi Mukherjee and is adorned by leading Bollywood / Tollywood actress like Aishwarya Rai Bachchan in Guzaarish, Rani MukherjeeandVidya Balan. Other bollywood actors like Juhi Chawla, Kiron Kher and Bengali actors like Rituparna Sengupta, Swastika, Subhasree and Koel Mullick etc have also been adorned with jewellery from GAJA.
The company will continue to invest in brand building and the company has launched collection specific brands. These collections are targetted at specific consumer groups and cater to different price points and interests.
The brands have an organic growth strategy and will expand through franchisee and distributorship network.
The company regularly participates in Trade Fairs and Exhibitions to promote and market its brands and products.


 Company came out with an IPO in 2010 @ Rs.260 and its current book value is over Rs.118.Stock is currently trading around Rs.30 .Recommending a STRONG BUY at current market price of  for long term investors.Stock traded in NSE under symbol 'SGJHL' and in BSE with scrip code 533180.
Disc : It is safe to assume that I  have vested interest in "

Shree Ganesh Jewellery House (I) Ltd

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