Renaissance Global zooms on entering into licensing agreement with National Football League

Renaissance Global is currently trading at Rs. 1014.00, up by 43.20 points or 4.45% from its previous closing of Rs. 970.80 on the BSE.

Renaissance Global
Renaissance Global

The scrip opened at Rs. 975.00 and has touched a high and low of Rs. 1033.45 and Rs. 972.65 respectively. So far 3341 shares were traded on the counter.

Renaissance Global The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1088.35 on 03-Jan-2022 and a 52 week low of Rs. 273.00 on 25-Jan-2021.

Last one week high and low of the scrip stood at Rs. 1033.45 and Rs. 909.20 respectively. The current market cap of the company is Rs. 1857.74 crore.

Renaissance Global The promoters holding in the company stood at 70.78%, while Institutions and Non-Institutions held 1.39% and 27.83% respectively.

Renaissance Global has entered into licensing agreement with the National Football League (NFL). Through this agreement, Renaissance and the NFL will collaborate to design unique branded jewellery collection using NFL intellectual property. This unique collection will be marketed to consumers in the US.

The partnership with NFL is strategic and mutually-synergistic in nature and further aligns with Renaissance’s goal to accelerate its branded jewellery business. The licensing agreement with NFL along with its existing strategic licensing agreements with Enchanted Disney Fine Jewellery, Hallmark, Star Wars and Disney Treasures augments the company’s portfolio of licensed brands. The product portfolio encompasses rings, earrings, bracelets and pendants for all genders, with a special focus towards the youth. The NFL jewellery collection will also have a strong assortment of personalized and customizable jewellery.

Renaissance Global is a global branded jewellery player. Renaissance designs, manufactures and supplies branded jewellery across key high-potential markets in USA, Canada, UK and key Asian markets.