D-Street
February 18, 2025 at 11:08 AM
*MNCL Research | Goldiam International – Company Update |* *CMP- 360; Rating- BUY; Target price- 510* Goldiam International Limited a 100% exporter of diamond jewelry to the United States of America, is currently *evaluating the feasibility of setting up a manufacturing facility in the USA.* This strategic initiative is aimed at *enhancing its operational efficiency, optimizing supply chain logistics, and further strengthening its presence in the key US market.* The proposed facility is expected to *provide better service to customers, reduce lead times, and offer a competitive edge in the region.* The Company is in the *initial stages of assessment, and further details, including location, investment outlay, and timeline, will be shared once finalized and approved by the Board of Directors.* View: - While this initiative is still in its early stages, we believe it is a step in the right direction. Given that Goldiam currently exports 100% of its products to the US, establishing a manufacturing facility could serve as a strategic move and also help to mitigate potential US tariffs in the future. Link- https://bit.ly/Goldiam_USA_ManufacturingFacility Thank You, Rahul Dani/Vaidik Bafna, Monarch Networth Capital Ltd

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