Motisons Jewellers Shines Brightly After Grand Stock Market Debut
The fancy first day of trading for Motisons Jewellers showed there is lots of interest in India’s quality jewelry business
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That was even better than expected and shows people are excited about an industry predicted to grow 10% each year to Rs. 100,000 crore by 2025.
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Over the past 3 years, earnings increased very fast at 19.1% average to rank among the speediest in special shops.
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Partnering with famous designers also upped average bills to Rs. 16,000 from Rs. 12,000 in just two years
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With Rs. 128 crore fresh funds, Motisons can quickly spread national reach beyond four stores in Jaipur city.
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Another Rs. 58 crore pays back some debt of Rs. 166 crore in June, lowering interest costs.
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