Eighty Jewellers Ltd. manufactures and sells precious and semi-precious stones and jewels. The company is headquartered in Raipur, Chhattisgarh. The company went IPO on 2022-04-13. The firm is involved in the trading of various jewelry, ornaments, watches, and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones under the business-to-business (B2B) model under the name Anopchand Tilokchand Jewellers. Its product portfolio includes rings, earrings, armlets, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items, and other wedding jewelry. The firm sells all its jewelry and related products to a sub-franchisee store at Korba, Chhattisgarh, and a retail store at Bilaspur, Chhattisgarh. The firm also deals in diamond and silver jewelry and ornaments. Apart from this, it also procures the old gold ornaments or other jewelry items, which are exchanged by the customers for new jewelry items purchased from its sub-franchisee partners.
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This company hasn't held an earnings call in the last six months, so there's no recent commentary from management. Our deep dives are built on what management actually said, so we haven't prepared one.