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Stock Market Live Updates: Sensex gains 350 pts, Nifty above 21,700 in early trade; IT sector in focus

Stock Market Live Updates: Sensex gains 350 pts, Nifty above 21,700 in early trade; IT sector in focus
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RBZ Jewellers shares hit 20% upper circuit for second consecutive day

The company s shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stock s current market price of ₹211 apiece, it is trading 111% higher than its issue price. ....

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We always imagine that in each segment RBZ Jewellers has a headroom of 3X at least: Harit Zaveri, ET Retail

RBZ Jewellers Share Price: RBZ Jewellers stock remains locked on the upper circuit since its IPO a month and a half ago. The company aims to double its volumes in the next two years, supported by equity and debt raises. With a strong position as an organized manufacturer and retailer, RBZ Jewellers is experiencing robust demand from organized retailers. Margins in the business model vary depending on the segment, but overall stability is expected in terms of ROCE and ROE. ....

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RBZ Jewellers share price: We always imagine that in each segment RBZ Jewellers has a headroom of 3X at least: Harit Zaveri

RBZ Jewellers stock remains locked on the upper circuit since its IPO a month and a half ago. The company aims to double its volumes in the next two years, supported by equity and debt raises. With a strong position as an organized manufacturer and retailer, RBZ Jewellers is experiencing robust demand from organized retailers. Margins in the business model vary depending on the segment, but overall stability is expected in terms of ROCE and ROE. ....

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