SRS trades higher on the bourses

SRS is currently trading at Rs. 34.45, up by 0.25 points or 0.73% from its previous closing of Rs. 34.20 on the BSE. The scrip opened at Rs. 34.50 and has touched a high and low of Rs. 34.90 and Rs. 34.15 respectively. So far 58282 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 45.70 on 29-Apr-2013 and a 52 week low of Rs. 25.30 on 10-Sep-2013. Last one week high and low of the scrip stood at Rs. 36.35 and Rs. 34.00 respectively. The current market cap of the company is Rs. 479.86 crore. The promoters holding in the company stood at 74.04% while Institutions and Non-Institutions held 8.63% and 17.33% respectively. SRS has inaugurated its new retail jewellery showroom located at Karol Bagh in state of New Delhi on April 25, 2014. This is company’s 8th retail outlet in Delhi -NCR. The new SRS Jewells store is spread over 3 floors across an area of 5,100 square feet and showcases an exquisite range of earrings, rings, neckwear and bangles in a plethora of designs and varieties. SRS is a diversified company with a business portfolio comprising of cinema exhibition, food and beverages, retail and manufacturing and retailing of jewellery. It sells a wide range of gold and diamond jewellery under the brand name of SRS Jewells.