Sheetal Diamonds is currently trading at its upper circuit limit of Rs. 61.66, up by 2.93 points or 4.99% from its previous closing of Rs. 58.73 on the BSE.

The scrip opened at Rs. 61.50 and has touched a high and low of Rs. 61.66 and Rs. 61.00 respectively. So far 78776 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 5 has touched a 52 week high of Rs. 61.66 on 28-Dec-2023 and a 52 week low of Rs. 3.62 on 13-Jan-2023.

Last one week high and low of the scrip stood at Rs. 61.66 and Rs. 53.50 respectively. The current market cap of the company is Rs. 137.96 crore.

The promoters holding in the company stood at 16.00%, while Institutions and Non-Institutions held 3.15% and 80.85% respectively.

Sheetal Diamonds' Board has approved Preferential Issue of Rs 49.95 crore. The proceeds of this preferential issue will be utilized to foray into retail sector, whereby the company plans to set up retail stores across the country.  

Sheetal Diamonds is a name well reckoned in the arena of manufacturing and exporting of exclusive diamond jewelry.