So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season.
The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity under a PLI programme
Among select export-oriented shares, Aurobindo Pharma seems well placed on the charts with a potential upside of 9 per cent in the near term.
Jeweller Rajesh Exports has agreed to invest $3 billion in Telangana state to set up the country's first electronic-display plant, the state government said late on Sunday
Adani Group stocks may be in limelight after both Adani Enterprises and Adani Wilmar reported earnings for the December quarter.
Jewellery stocks are likely to shine in coming months on the back of likely strong Q3 performance owing to the festive demand
NBFCs may be in focus today on reports of 17 per cent YoY growth in sanctioned loans in Q2FY22
With festive season round the corner and gold sales expected to rise, gold-related stocks are likely to be in focus, the charts are indicating more upside for these stocks
Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020
Company's profit after tax was disproportionately low at Rs 1,070 cr
The company said this order will be executed from its manufacturing facility in Bengaluru and is to be completed by August 31
The acquisition has been proposed to further expand the global footprint of the company in the same line of business
The order worth Rs 780 crore from Singapore is for gold and diamond studded jewellery and medallions
The stock moved higher by nearly 5% to Rs 619 on the BSE.
The stock dipped 13% to Rs 562 on the National Stock Exchange in intra-day trade on back of heavy volumes.
The order, which will be executed from its manufacturing facility in Bangalore, has to be completed by April 30