Gitanjali Gems to buy DIT Group; stock down
Gitanjali Gems is all set to buy assets of Italy based jewelery company, DIT Group SPA, which is engaged in manufacturing, marketing and sale of jewels and owns a few reputed brands.
By ET Bureau |
MUMBAI: Gitanjali Gems is all set to buy assets of Italy based jewelery company, DIT Group SPA, which is engaged in manufacturing, marketing and sale of jewels and owns a few reputed brands.
The acquisition would help Gitanjali Gems to have access to DIT’s Italian technologies and creativity, the company announced to the exchanges.
The stock was at Rs 201.05, down 0.89 per cent on the NSE. It touched a low of Rs 199.75 and high of Rs 203.40 in trade so far.
The acquisition would help Gitanjali Gems to have access to DIT’s Italian technologies and creativity, the company announced to the exchanges.
The stock was at Rs 201.05, down 0.89 per cent on the NSE. It touched a low of Rs 199.75 and high of Rs 203.40 in trade so far.
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