Closing Bell: Sun Pharma claimed the top winner spot on the Sensex with a gain of 1.7 per cent on launching an anti-cancer drug Palbociclib in India for patients with advanced breast cancer
Analysts remain fairly optimistic on jewellery players as softening gold prices and the ongoing festive season makes a case for sustained demand momentum going forward
After muted months of July and August, mainly due to delayed weddings in South India, analysts expect demand to bounce back in the December quarter given Navratri, and festive season across India
PC Jeweller was locked at the 10 per cent upper circuit band, at Rs 47.35, on Friday. The stock has zoomed 106 per cent from a level of Rs 23 touched on June 30, 2022
The earnings season has almost come to an end, going forward individual stocks will react to corporate developments and broader market trend
Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities
Kalyan Jewellers India Ltd. said Monday it plans to raise as much as Rs 17.5 billion ($235 million) through a public listing as it banks on the long-term appeal of gold
Sebi observed after the announcement of the buyback on May 10, 2018, the shares of PC Jeweller were locked at the upper circuit of 10 per cent.
The regulator said that the order itself should be considered as a notice by the identified insiders
PC Jewellers' overall margin has improved on quarter-on-quarter as well as y-o-y basis
The stock has plunged 75 per cent from a record on January 19, taking its market capitalization to Rs 58.3 billion
PC Jeweller's standalone revenue stood at Rs 8,214 crore
The company is adding 15-20 stores every fiscal and is exploring to set up new manufacturing facilities