lgd – Katalyst Wealth

[Stock notes] – Goldiam International…increasing share of Lab Grown diamond

February 15, 2024

Hello Sir, Hope you are doing well. Recently, I was watching an episode of Shark Tank India in which the founders of ‘JewelBox’, a jewellery brand from Surat talked about Lab Grown diamond (LGD) jewellery and got funding from all the sharks. In case you are not aware, there’s already a listed company in India which is one of the largest players in the space of Lab Grown diamond jewellery. It is Goldiam International (NSE – GOLDIAM). LGDs are chemically, optically and physically…

[Stock note] – Goldiam International…strong demand for Lab Grown Diamonds

November 17, 2023

Hello Sir, Hope you are doing well. Recently I was reading about Lab Grown Diamonds (LGD) which are fast gaining acceptability in the Indian market. Source: Goldiam Investor Presentation As per our understanding, currently Goldiam International is the only major listed company dealing in LGDs and primarily sells in US market. LGDs are chemically, optically and physically identical to earth mined diamonds, but are significantly more affordable. As per Economic Times article, a carat of LGD costs ₹60,000-70,000, a fraction of ₹10-11 lakh for a natural…

[Stock notes] – Goldiam International…strong demand for Lab Grown Diamonds

October 6, 2023

Hello Sir, Hope you are doing well. Recently I was reading about Lab Grown Diamonds (LGD) which are fast gaining acceptability in the Indian market. As per our understanding, currently Goldiam International is the only major listed company dealing in LGDs. LGDs are chemically, optically and physically identical to earth mined diamonds, but are significantly more affordable. As per Economic Times article, a carat of LGD costs ₹60,000-70,000, a fraction of ₹10-11 lakh for a natural diamond. Further, 60% YOY growth in the demand…

[Stock idea] – Goldiam International…making a mark in Lab Grown Diamond industry

November 20, 2022

Hello Sir,Hope you are doing well.In order to recommend the best stock ideas to our members, we keep looking for new opportunities and add them to our watch list.One industry we keep reading about whenever we get an opportunity is – Lab Grown Diamonds (LGDs). As per our understanding, currently Goldiam International is the only major listed company dealing in LGDs.Did you know? The market share of Lab Grown Diamonds (LGDs) is forecast to increase to 10% (of the worldwide diamond market)…