Utique Enterprises

Utique Enterprises Limited is a company incorporated in India, engaged in the general trading of precious metals as well as derivatives on recognized exchanges. Looking ahead, the company aims to continue its trading business and may explore other metals in addition to silver and gold, based on risk-return analysis. The company follows a prudent policy focused on managing its business operations, liquidity, and profitability to maintain a balance between risk and return on assets. Its operations involve physical delivery of metals and hedging for price, while continuously monitoring the commodity market with insights from experts and market players. Management is optimistic about trading in precious metals due to an improved regulatory framework, better market integration, and developing infrastructure like warehousing facilities. Demonstrating its performance, the company's total income increased by 11.82% during the financial year 2023-2024 as compared to the previous year.;