Indian Cut & Polished Diamond exports to contract to decadal low in FY2025; sector outlook remains negative: ICRAAccording to ICRA’s recent note on the sector, CPD exports from India contracted by 28% in FY2024, led by the worsened global macro-economi...
ICRA forecasts decline in India’s cut & polished diamond exports to decade-low levelsICRA forecasts India's cut and polished diamond exports to hit a decade-low of $12.5-13 billion in FY2025, marking an 18-19% year-on-year d...
India's cut and polished diamond exports likely to hit five-year low in FY24, says CareEdge RatingsIndia's CPD exports are expected to hit a five-year low in FY24 with a 25-30% dip to $15-$16 billion. Economic recovery, consumption market...
Diamond exports set to fall by 25-30% to multi-year low this fiscalIndia is the world's largest centre for diamond cutting and polishing, accounting for around 95 per cent of the world's polished diamond pr...
Exports of cut and polished diamonds estimated to decline by 22% in FY2024: ICRAWhile the festive season may spur demand in some way in the upcoming months, exports are still expected to contract by 10% year-on-year pre...
Diamond exports may fall up to 15% in FY24, says ICRAIndian cut and polished diamond exports are expected to decrease by 10-15% to $19-20 billion in FY24, following an 8-10% contraction in the...
Gems, jewellery exports falls 11.25 pc to Rs 19,432.88 cr in Dec: GJEPCMeanwhile, the total exports during April-December 2022 witnessed a growth of 6.28 per cent to Rs 2,27,534.50 crore compared to Rs 2,14,087...
Rough diamond prices likely to remain firm in FY24While CPD entities have maintained a strict control over the working capital cycle so far, which has limited their dependance on working ca...
Exports of cut and polished diamonds likely to fall by 10% in FY23: IcraDuring FY2022, India exported its decade-high level of CPDs worth $24.3 billion led by pent-up demand and large stimulus packages in key co...
India's diamantaires to witness a demand moderation in FY23: ICRAGiving more information, Ms. Sakshi Suneja, Assistant Vice President and Sector Head, ICRA said “India is estimated to export $23-24 billio...
ICRA cuts diamond sector outlook to negative on coronavirusThe C&HK region, accounts for 14-15% of global demand for CPDs.
- Buy Blue Star, target Rs 867: Angel Broking
Buy Blue Star Ltd. at a price target of Rs 867.0 .
- Buy Blue Star Ltd. target Rs 760: Angel Broking
Buy Blue Star Ltd. at a price target of Rs 760. Angel Broking expects the overall top-line to post a revenue CAGR of nearly 16% over FY2016...
Outlook positive for organised jewellery retailers: India Ratings and ResearchGoing ahead the regulatory changes by the government and return of the demand may be a good sign for the jewellery segment.
Organised jewellery retailers to benefit from regulatory changes: Ind-RaAs per World Gold Council, India’s gold jewellery demand fell sharply 22% yoy to reach a seven-year low in 2016 (522MT).
- Buy Blue Star, target Rs 495: Angel Broking
With a mere 3 per cent penetration level of ACs vs 25 per cent in China, the overall outlook for the room air-conditioner (RAC) market in I...
India Ratings and Research maintains a stable outlook for jewellery retailersInd-Ra has maintained a stable outlook for jewellery retailers, while revising the outlook for exporters to negative for FY17 from stable i...