Sky Gold and Diamonds is trading at RS 357.45, up by 23.40 points or 7.00% from its previous close of RS 334.05 on the BSE.

The stock opened at RS 328.30 and touched a high and low of RS 357.45 and RS 328.30 respectively. So far, 1,02,780 shares have been traded on the counter.

The BSE Group 'B' stock, with a face value of RS 10, recorded a 52-week high of RS 488.95 on December 17, 2024, and a 52-week low of RS 245.95 on August 6, 2025. In the past week, the stock’s high and low stood at RS 357.45 and RS 308.50 respectively. The company’s current market capitalization is RS 5,515.48 crore.

Promoters hold 51.74% stake in the company, while institutional and non-institutional investors own 9.57% and 38.69%, respectively.

In a major development, Sky Gold and Diamonds’ wholly owned subsidiary Starmangalsutra has signed a non-binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The move is a strategic step toward building India’s largest and most trusted mangalsutra-focused enterprise.

Shri Rishab Gold, known for its strong foothold in the mangalsutra segment and clientele that includes one of India’s largest jewellery brands, will bring valuable customer relationships to Starmangalsutra, strengthening its market presence in the high-growth traditional jewellery segment.

The acquisition will also integrate Shri Rishab Gold’s operations with Starmangalsutra’s governance standards and efficient working capital model, fostering synergies in product development, manufacturing, and distribution.

Sky Gold and Diamonds (formerly known as Sky Gold) has been engaged in the designing, manufacturing, and marketing of gold jewellery since its inception.