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| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹292.08 | +₹27.58 | +10.43% |
| R3 | ₹281.33 | +₹16.83 | +6.36% |
| R2 | ₹276.67 | +₹12.17 | +4.60% |
| R1 | ₹270.58 | +₹6.08 | +2.30% |
| PIVOT | ₹265.92 | 1.42 | 0.54% |
| CURRENT | ₹264.50 | - | - |
| S1 | ₹238.33 | -₹26.17 | -9.89% |
| S2 | ₹249.08 | -₹15.42 | -5.83% |
| S3 | ₹255.17 | -₹9.33 | -3.53% |
| S4 | ₹259.83 | -₹4.67 | -1.76% |
is trading CPR, indicating
CPR is
Day's range: ~
Trading Inside opening range
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Laxmi Goldorna House Limited (LGHL) is a multifaceted business operating primarily in India, with a focus on two distinct sectors: real estate and jewelry manufacturing and trading. The company's real estate activities center around the construction and development of both commercial and residential properties. This involves the entire process from project conception and planning to construction and ultimately, the sale or lease of the completed properties. Their involvement in the Indian real estate market places them within a significant and competitive sector of the economy. The geographic focus on India limits their market reach but potentially allows for specialization within specific regional markets.
In addition to real estate, LGHL is a significant player in the gold and jewelry industry. Their operations include the manufacturing of a wide range of gold jewelry, encompassing both plain gold pieces and more elaborate designs incorporating precious and semi-precious stones and diamonds. This part of the business involves sourcing raw materials, design and production, quality control, and ultimately the sale of finished jewelry to consumers. The company's engagement in both manufacturing and trading allows for greater control over the value chain and potential for higher profit margins. The jewelry sector is influenced by fluctuating gold prices and consumer demand for luxury goods.
The dual nature of LGHL's business presents both opportunities and challenges. The real estate sector is often cyclical, with periods of boom and bust depending on economic conditions and government policies. Meanwhile, the gold jewelry market is sensitive to gold price volatility and evolving consumer preferences. Diversification into these two distinct sectors might help mitigate risk associated with depending solely on one industry. However, managing two separate and complex business operations requires substantial expertise and effective resource allocation. The success of LGHL hinges on its ability to effectively navigate the complexities and challenges of both the real estate and jewelry markets while maintaining efficiency and profitability.
Established in 2010 and based in Ahmedabad, India, LGHL has been operating for over a decade. This relatively long history provides some level of stability and market experience. Their location in Ahmedabad, a significant city in Gujarat, positions them well to access both local and regional markets within India. However, future success will depend on their ability to adapt to changing market dynamics, technological advancements, and evolving consumer behavior in both the real estate and jewelry sectors. Further information on the company's market share, financial performance, and future strategic plans would be needed for a more comprehensive assessment.
Opp Bandharano Khancho, M.G Haveli Road, Manekchowk, Laxmi House
Ahmedabad
GUJARAT
IN
Tel: 919428111196
Website:http://www.laxmilifestyle.co.in/
Group: Real Estate Management & Development
Sector: Real Estate
Industry: Real Estate Management & Development
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 25
IPO Date: 16/04/2020
Mr. Jayesh Shah
Chairman of the Board, Managing Director
Ms. Kshamaben Shah
Chief Financial Officer
Mr. Dhaval Parekh
Compliance Officer, Company Secretary
Mrs. Rupalben Shah
Executive Director
Mr. Smit Shah
Additional Independent Director
Mr. Jugal Dave
Non-Executive Independent Director
Mr. Manish Jain
Non-Executive Independent Director
Mr. Niravbhai Shah
Non-Executive Independent Director
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