Shringar House of Mangalsutra Limited logo

Shringar House of Mangalsutra Limited (SHRINGARMS)

Market Closed
10 Aug, 22:00
MSE MSE
234. 00
+0.65
+0.2785%
20.94B Market Cap
- P/E Ratio
- Div Yield
12,807 Volume
- Eps
233.35
Previous Close
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Day Range
232.5 236.45
Year Range
165.8 266.35
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Summary

SHRINGARMS closed today higher at ₹234, an increase of 0.2785% from yesterday's close, completing a monthly increase of 3.5398% or ₹8. Over the past 12 months, SHRINGARMS stock gained 0.7752%.
SHRINGARMS is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

SHRINGARMS Chart

Shringar House of Mangalsutra Limited (SHRINGARMS) FAQ

What is the stock price today?

The current price is ₹234.00.

On which exchange is it traded?

Shringar House of Mangalsutra Limited is listed on MSE.

What is its stock symbol?

The ticker symbol is SHRINGARMS.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 20.94B.

Has Shringar House of Mangalsutra Limited ever had a stock split?

No, there has never been a stock split.

Shringar House of Mangalsutra Limited Profile

- Industry
- Sector
Mr. Viraj Chetan Thadeshwar CEO
MSE Exchange
- ISIN
India Country
237 Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Shringar House of Mangalsutra Limited is a renowned specialist in the jewellery manufacturing sector, with a distinct focus on the design, production, and marketing of mangalsutras—an essential gold necklace that holds great significance in Indian matrimonial traditions. The company's comprehensive product range encompasses an array of styles, meticulously crafted with precision using high-quality 18k and 22k gold. Each piece is further embellished with an assortment of exquisite adornments including American diamonds, cubic zirconia, pearls, mother-of-pearl, and various semi-precious stones. This dedication to craftsmanship enables Shringar to cater to both domestic and international markets effectively.

Operating primarily on a B2B business model, Shringar House of Mangalsutra Limited serves a diverse clientele, which includes corporate buyers, wholesale jewellers, and retailers. With a solid network that boasts esteemed clients like Malabar Gold, Titan Company, Joyalukkas, Reliance Retail, and Damas Jewellery in the UAE, the company has established a wide-reaching presence that spans across 24 Indian states, 4 union territories, and international territories such as the UK, USA, UAE, New Zealand, and Fiji. The company sets itself apart through rigorous quality assurance measures, including hallmarking, advanced purity testing, and implementing traceability protocols, which underscore its credibility and reliability in the organised jewellery marketplace. By blending traditional designs with modern manufacturing efficiencies, Shringar House of Mangalsutra Limited is carving a distinguished path in the evolving landscape of Indian gold jewellery while reinforcing its status as a preferred partner for branded jewellery distribution and innovative design solutions.

Products and Services

  • Traditional Mangalsutras:

    The flagship offering of Shringar, these mangalsutras are intricately designed to embody the cultural essence of Indian weddings. Crafted with 18k and 22k gold, these pieces are available in various styles that reflect both modern aesthetics and traditional significance.

  • Jewellery Design Services:

    Shringar offers customised jewellery design services that allow clients to collaborate on unique pieces tailored to their specific needs. This includes conceptualizing designs that reflect individual preferences while retaining cultural significance.

  • Wholesale Supply:

    Operating under a robust wholesale model, Shringar supplies its meticulously crafted jewellery to various retailers and wholesale jewellers, providing them with the opportunity to offer authentic mangalsutras to their customers.

  • Quality Assurance and Testing:

    Committed to maintaining high standards, the company employs rigorous quality assurance protocols including hallmarking and advanced purity testing, which ensure that every piece of jewellery meets the expectations of quality and authenticity in the market.

  • Export Services:

    Shringar’s extensive reach includes exporting its products to various international markets, thereby making Indian traditional jewellery accessible to a global audience and fostering cross-cultural connections through the unique craftsmanship of mangalsutras.

Contact Information

Address: Unit No. B-1
Phone: 91 22 4311 1222