RENAISSANCE JEWELLERY – UNDERVALUED FOR A REASON “India is the second largest jewellery market in world after China” Renaissance Jewellery is engaged in business of design, manufacturing, and sales of various types of jewellery. Company has wholly owned subsidiaries in US, UK, Dubai, to facilitate its sales and operations globally. This Mumbai-based company is mainly involved in designing and manufacturing low-priced products for brands like Amazon, JCPenney, Walmart in the overseas markets. It also has a licensing tie-up with Hallmark. thereby reducing the risk of dependence on a few clients. Products  Jewellery products include rings, pendants, earrings, bracelets, necklaces & bangles. Design of these products is centralized in Mumbai and manufactured in three facilities - Mumbai, Bhavnagar & Bangladesh with total area of 1,90,000 sq ft engaging around 4000 manpower. Value Migration from un organized to organized Massive value migration taking place...

              Company has increasead PS prices by Rs 2000/MT w.e.f 12th Dec 2017.  Agressive expansion, strong promoters, leading position in industry backed with excellent fundamentals, makes Supreme Petrochemical an excellent bet for investment. Investors are requested to study and take their own decision. Rising price of crude may be a concern, but the company has been very successful in passing the rise in raw material to its consumers, by increasing its product prices. Styrene Monomer prices are also up more than 20% YOY, so all in all, should benefit Supreme Petrochemicals well enough. I would definitely be an investor at these levels.