Lypsa DMCC receives order worth Rs 160 million

DSIJ Intelligence / 04 Jul 2017

Lypsa DMCC receives order worth Rs 160 million

Lypsa DMCC has received a new order worth Rs 160 million from customers in UAE. This order involves supplying diamond-studded jewellery of various designs as well as loose polished diamonds.

Lypsa Gems and Jewellery’s wholly-owned subsidiary, Lypsa DMCC has received a new order worth Rs 160 million from customers in UAE. This order involves supplying diamond-studded jewellery of various designs as well as loose polished diamonds.

Lypsa Gems & Jewellery Ltd is a wholly integrated diamond company sourcing rough diamonds from the major diamond mines and dealers, cutting and polishing them in its own factories & marketing its product to clients across the globe.

This new order mainly involves designs from this recently launched collection. The jewellery as part of this order will be set in 18kt gold and will use VS-SI quality diamonds. 

Meanwhile, the stock traded flat on BSE at Rs 58.10 per share on Tuesday’s intra-day trade.

On NSE, the stock attracted a traded volume of 1,66,551 shares and a traded value of 96.13 lakh.

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