Breitling Chronomat Quartz Chrono BT-224

Jewelry Television is exploring how best to incorporate the Gems TV reverse-auction programming into its existing fixed-price selling format, and has retained several key Gems TV employees and on-air presenters.

"Our number one priority at the moment is to convert Breitling Chronomat Quartz Chrono BT-223 TV customers to JTV customers quickly and effectively," said Matthews. "We want to earn their confidence and trust and bring them into the JTV family of brands as soon as possible."

Multimedia Commerce Group (MMCG) is a privately-held company that operates on-air shopping network, Jewelry Television (JTV), and its internet sites. MMCG's primary retail outlet, Jewelry Television (JTV) was founded in 1993 and broadcasts its high definition programming 24 hours a day, 7 days a week, to over 80 million unique Breitling Chronomat Quartz Chrono BT-224 in the U.S. The network focuses primarily on the sale of jewelry, gemstones and related products. Jewelry Television sales topped $515 million in 2007 and the network has been steadily rebuilding revenue since the onset of the recession.

Gitanjali Gems is currently trading at Rs 137.90, up by 3.35 points or 2.49% from its previous closing of Rs. 134.55 on the BSE.

The scrip opened at Rs 136.00 and has touched a high and low of Rs 139.00 and Rs 135.80 respectively. So far 156536 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has Breitling Chronomatic Quartz Chrono BT-211 a 52 week high of Rs 139.00 on 07-Jul-2010 and a 52 week low of Rs 86.55 on 13-Jul-2009.

Last one week high and low of the scrip stood at Rs 139.00 and Rs 125.10 respectively. The current market cap of the company is Rs 1133.85 crore.

The promoters holding in the company stood at 51.47% Breitling Crosswind Calendar Automatic BT-216 Institutions and Non-Institutions held 17.62% and 25.56% respectively.

India's biggest jewelry retailer, Gitanjali Gems, plans to open about 500 stores by the end of the financial year as it seeks to tap demand in the world's biggest gold-buying nation. The company plans to add 300,000 square feet of retail space in the year through March 31, up from its current 1 million square feet.