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Source: Live Mint 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…
Source: Live Mint Kalyan Jewellers share price jumped over 4% in early trade on Tuesday after the company reported its business updates for the third quarter of FY25. Kalyan Jewellers shares gained as much as 4.84% to ₹781.00 apiece on the BSE. Kalyan Jewellers India said it recorded a consolidated revenue growth of approximately 39%…
Source: Live Mint Indian stock market: On Monday, January 6, the Indian stock market experienced a sharp decline, with both the Sensex and Nifty 50 indices falling by more than 1.5 per cent each due to widespread selling. Investor concerns were triggered by reports of a new virus outbreak in China. The Nifty 50 dropped…
Source: Live Mint Multibagger stocks: Indian markets are set to end 2024 on a positive note, marking the ninth consecutive year of gains for the frontline indices. However, a strong sell-off in the last three months has dampened the possibility of beating the previous year’s performance. In the first half of 2024, the Nifty 50…
Source: Live Mint Shares of Kalyan Jewellers India Ltd are down 7% since its September quarter (Q2FY25) results were out on Wednesday during market hours. Sure, a cut in customs duty on gold imports to 6% from 15% pushed customer footfalls higher, boosting sales during the quarter. But the duty reduction also meant an inventory…
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
Source: Live Mint Despite the slew of reasons offered by mainstream media, such as Iran-Israel conflict, China stimulus, regulatory changes, the underlying reality is that Indian markets have been overvalued for some time now. Market-cap to GDP ratio, price to earnings, price/earnings to growth ratio, or small-cap to Sensex ratio, whichever metric you choose, the…
