New Delhi: Akshaya Tritiya, a spring festival in India, is an auspicious day for new beginnings, investments, and charity, believed to ensure enduring prosperity. Buying gold is a common practice on this day. However, consumers refrained from high-value gold purchases on Wednesday, deterred by steep prices of the precious metal. Still, they opted for token…
Kalyan Jewellers share price declined on Thursday after the company’s promoters created additional pledge on their stake. Source link
Stock to watch tomorrow: Mumbai-based asset manager Motilal Oswal Asset Management Company (AMC) issued a clarification on its investments in jewellery maker Kalyan Jewellers on Sunday, January 19. The fund house denied the allegations over its fund managers being involved in a bribery scheme to stock up on the shares of Kalyan Jewellers, calling them…
India’s stock exchanges have banned fresh trading of Kalyan Jewellers Ltd’s stock futures and options contracts in the derivatives segment after trader outstanding positions in the counters came close to the threshold or limit for such positions. This follows the market capitalisation of the country’s second-largest jewellery maker falling by a third since the start…
Highdell Investment, a subsidiary of Warburg Pincus, will sell a 2.36 per cent stake worth â‚ą1,300 crore in Kalyan Jewellers to its promoter, the jewellery maker said in an exchange filing on Wednesday, August 21. The foreign investor is selling 2.42 crore equity shares in the jewellery maker for a purchase price of â‚ą535 per…
