Hi all,
One thing very interesting with Radhika Jewel is they have opened a new larger store in Surat (Fixed Assets have risen from 1 to 13/14). Which is bigger and should bump up the sales in the coming quaters. The December Quarter was obviously aided with Diwali and Festival Season bumping up the Gold sales but the new store which had opened last year must have aided in the same. The next 3 quarters I expect the company to show the similar acceleration in Sales as in the December Quarter.
Disc: Invested and Biased
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