According to some Mumbai market operator Golkunda Diamonds is worth accumulating at every decline for medium- to long-term rewards. The company has reported a net profit of Rs. 0.86 crore on a turnover of Rs. 61.34 crore for the first half of the current fiscal against a net profit of Rs. 0.17 crore on a turnover of Rs. 35.51 crore for the corresponding period last year. For the entire 2010-11 it had posted a net profit of Rs. 1.02 crore on a turnover of Rs. 100.91 crore. Thus H1 net profit amounts to almost 85 per cent of the earnings for the whole of the last year. Due to the "T" tag the counter is lying dormant, and thus provides a good investment opportunity.
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