Kalyan Jewellers, Sky Gold, 2 more jewellery stocks turn multibagger since last Akshaya Tritiya indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
ETMarkets analysis reveals the underperformance of jewellery stocks amidst gold s record highs. Most saw negative returns, with a few exceptions. Experts suggest cautious investment strategies with focus on companies fundamentals and long-term prospects.
The IPO comprises a combination of a fresh issue of equity shares worth ₹850 Crore and an offer-for-sale (OFS) of ₹250 Crore worth of shares by promoter SVG Business Trust.