Rising promoter pledge singes Kalyan Jewellers stock
Source: Live Mint Panicky investors hammered the shares of Kalyan Jewellers Ltd following a stock market disclosure on Monday that the company’s promoters had pledged an additional 5.79% of their shares last week. That takes Kalyan Jewellers’ total promoter pledge to 25.87%, per BSE data. The stock had lost a third of its value despite…