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LGD MARKET VALUE
Titan shares jump 2% to new 52-week high following UBS upgrade, target price hikeTitan shares rose to their 52-week high after UBS upgraded the stock to ‘Buy’ and raised its target to Rs 4,700. The brokerage cited strong...
Natural diamond still India’s crown jewel: De Beers Group CEOIndia has become a key market for natural diamonds, surpassing China. De Beers focuses on India due to the growing preference for natural d...
De Beers Group announces intention to close its lab-grown diamond jewellery brandDe Beers Group is set to close its Lightbox lab-grown diamond jewelry brand, reaffirming its dedication to natural diamonds. This decision ...
Gold trading platform Augmont forays in lab grown diamond, to invest Rs 100 croreGold trading platform Augmont is investing Rs 100 crore to enter the lab-grown diamond (LGD) market with its new jewellery brand Akoirah. T...
Trent shares rally 12% in 2 days after launching its lab-grown diamond brandTrent Share Price: Trent's shares surged by 12% as it launched its lab-grown diamond (LGD) brand 'Pome' in select Westside stores. Priced a...
Trent shares rally 7% to new all-time high on launching new LGD brand ‘Pome’Trent Share Price: Shares of Tata Group's Trent climbed 7.3% to hit a record high following the launch of its lab-grown diamond brand 'Pome...
India sniffs at new opportunity to add to its already shiny diamond market credentialsThe sharp decline in LGD prices has hit several international companies hard. Notably, WD LGD, the largest LGD maker in the US, went bankru...
Are lab-grown diamonds forever? Examining their impact on the natural gems businessIt’s 2024, and that carefully crafted chain of the diamond business is now being disrupted. Enter lab-grown diamonds (LGD). A lab-grown dia...
Four lakh workers face salary delays as lab diamond prices fallNearly four lakh workers in Surat's LGD industry face wage delays and job uncertainties due to falling prices of lab-grown diamonds, impact...
Rising gold prices drive Indian consumers towards lab-grown diamondsThe recent rise in gold prices has shifted consumer interest towards lab-grown diamond (LGD) studded jewellery due to its affordability. Ma...
Global glut takes shine off Indian lab-grown diamondsIndian lab-grown diamonds (LGDs) prices crashed by 45% in FY24 due to overproduction in global markets. Indian LGD exports dropped by 18.2%...
Lab-grown diamond exports expected to grow by 7-9% in FY25: ReportThe Lab-grown Diamonds (LGDs) exports are set to rebound in FY25, with an expected growth of 7-9% to reach around US$1500-1530 million, as ...
Top jewellery chains shy away from lab-grown diamonds amid lack of consumer interestTop jewellery chains like Kalyan Jewellers and Tanishq are hesitant to adopt lab-grown diamonds due to low demand. Despite the growing popu...
Lab-grown diamonds set to catch festive sparkleEven high-net-worth individuals (HNIs) have taken a shine to lab-grown diamonds, which earlier attracted mainly the 18-35 age group that co...
Exports of lab-grown diamonds slump 28.57% YoY despite government backingManufacturers of lab-grown diamonds (LGD) – which are 80% cheaper than natural diamond – also claimed that export volumes have increased wi...
Blackstone acquires diamond certification co IGI for $570 mnBlackstone on Sunday said that it has acquired International Gemological Institute (IGI) from China's Fosun and Roland Lorie, part of the f...
Shining bright: Why Indian exports of lab grown diamonds have risen six-fold in three yearsLGDs have been gaining traction globally because of factors such as price and awareness about conflict diamonds. Being more self-reliant in...