Nandani Creation Stock Rises 2.5%

Nandani Creation, the company behind the Jaipur Kurti brand, saw its stock rise by 2.5% on December 11, even though the overall market was unstable.

The stock reached a high of ₹29.73 during the day.

This increase comes after the company announced a partnership with Reliance Centro, which will sell Jaipur Kurti products in 12 of its stores across India.

This partnership is part of Nandani Creation's plan to grow its offline retail presence and improve its direct-to-consumer (D2C) ecosystem.

Despite this recent rise, the stock has lost value over the past year, falling 14% in the last 12 months.

However, it has given significant returns in the long term, rising 123%.

Investors are now watching to see if this partnership will help the stock gain momentum in the future.