【Mumbai, Indi】Big Bang in Diamond Industry: Rajnish Retail Secures ₹1500 Crore Order, Share Price Surge Expected

Editor’s Note

This report details a landmark order for Rajnish Retail Limited, highlighting a significant moment for India’s diamond industry. The scale of the deal with global giants De Beers and Signet Jewelers underscores the company’s technological advancement and growing international stature.

Zee News India.com subscribe now
Major Order from Global Giants

Rajnish Retail Limited, a prominent diamond and jewelry company based in Mumbai, has recently achieved a historic technological milestone. According to sources, this leading Indian company has received a massive order worth ₹1500 crore from two of the world’s largest diamond companies, De Beers and Signet Jewelers. This deal is considered a significant achievement for the Indian company, with expectations of a notable increase in its market value and business.

Market Impact and Share Price Projection

Experts and market analysts suggest that following this deal, the company’s share price is likely to see a tremendous surge. They believe that over the next 10 to 12 months, the company’s share price could grow by nearly 2000 percent. Currently, the company’s share price is around ₹14, but by next year, it could surpass the ₹220 level.

Technological Breakthrough: Lab-Grown White Diamonds

The company has successfully developed White Diamonds in the lab in record time. This achievement is considered a significant event not only for the Indian diamond industry but also in the international market. White Diamonds, known for their rarity and high value, can now be manufactured more easily and rapidly using Rajnish Retail’s new production methods. Following this major development, the company received a large ₹1500 crore order from the world’s largest diamond companies, De Beers and Signet Jewelers, for White Diamond exports. Subsequently, market analysts are predicting an incredible increase of ₹2,000 to ₹3,500 crore in the company’s valuation.

How Was This Success Achieved?

Rajnish Retail has developed a special patented technology that allows for the creation of high-quality diamonds in the lab in a shorter timeframe. The company has improved upon established traditional diamond manufacturing processes and successfully implemented a new process that delivers quality comparable to natural diamonds. This technological advancement not only reduces costs but also significantly cuts down production time, making the process more efficient and faster.

Global Impact

India is the world’s largest diamond polisher and the world’s second-largest diamond market, with the global diamond market estimated to reach $138 billion by 2032. Experts in the diamond industry believe this technology will provide Rajnish Retail Limited with an opportunity to become a diamond giant in the global market. This growth is not only beneficial for the company but has also given a new dimension to the Indian diamond industry, as an Indian company can now compete on a global scale.

Future Prospects

Rajnish Retail’s technological achievement has given it a major opportunity to take a step forward in gaining global recognition. This move by the company could also serve as an inspiration for other companies in the future, as it has not only challenged traditional methods but also shown a new direction where development possibilities are even greater. If this process and technology are adopted worldwide, Rajnish Retail Limited’s name could emerge as one of the best in the diamond industry.

A Golden Opportunity for Investors?

Stock market experts believe this could be an excellent time to invest in this company’s shares. If the projected growth is achieved, investors could receive extraordinary returns. However, investors are also advised to take any step only after thorough research and assessment of risks.

Full article: View original |
⏰ Published on: January 22, 2025