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Kalyan Jewellers shares crash over 40% from peak, erode Rs 27,000 crore investor wealth. Buy, sell or hold?
Kalyan Jewellers shares have plummeted over 40 percent from their peak, wiping out significant investor wealth. This sharp decline follows a call from Prime Minister Narendra Modi to pause gold purchases and a government hike in import duties. Analysts point to policy headwinds and technical weakness impacting the stock.
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economictimes.indiatimes.com
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Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?
Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and…
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Kalyan Jewellers shares crash over 40% from peak, erode Rs 27,000 crore investor wealth. Buy, sell or hold?
Kalyan Jewellers shares have plummeted over 40 percent from their peak, wiping out significant investor wealth. This sharp decline follows a call from Prime Minister Narendra Modi…
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Titan Company, Kalyan Jewellers, Senco Gold, other stocks fall up to 2% as Centre tightens duty-free gold imports
New regulations on duty-free gold imports for jewellery exporters have caused shares of Senco Gold, Thangamayil, and Kalyan Jewellers to dip. The Directorate General of Foreign…