Gitanjali Gems has reported a consolidated total income from operations of Rs 3,487.37 crore and a net loss of Rs 29.01 crore for the quarter ended Mar '15
Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.
Shares of Gitanjali Gems climbed 8.8 percent intraday on Wednesday on board approval for merger of subsidiary Gitanjali Exports with company.
Wipro | Sun Pharma | Persistent Systems | VST Industries | Blue Dart | Kotak Mahindra Bank | Marico Kaya and IIFL Holdings are stocks, which are in the news today.
The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has expressed a satisfaction with the measures announced by Finance Minster Arun Jaitly in his maiden budget.
Gold premiums in top consumer India could jump to as much as USD 5 an ounce over world prices next week, from being almost at par, after Finance Minister Arun Jaitley surprised jewellers by maintaining import duty at a record level in Saturday's budget.
Gold stocks will remain in focus on Saturday as the industry expects cut in import duty in Union Budget 2015-16. Tribhovandas Bhimji Zaveri, Titan Company, PC Jeweller and Gitanjali Gems rallied 1-4 percent on hopes of 2-5 percent cut in import duty compared to 10 percent currently.
The RBI in a notification also said banks are permitted to import gold on consignment basis. Domestic sales will be, however, permitted against upfront payment only.
Gitanjali Gems has reported a consolidated total income from operations of Rs 3,449.71 crore and a net profit of Rs 96.02 crore for the quarter ended Dec '14
Here are top 10 stocks to focus on February 13 - Eicher Motor, Zee Entertainment, BHEL, Coal India, Cipla, Lanco Infra, Tata Communications, Gitanjali Gems, Mangalore Chemicals & Fertilisers and Pipavav.
SBI | M&M | Lupin | BHEL | Coal India | ICICI Bank | Sun Pharma | Cipla | Suzlon Energy | Tata Steel | Ahluwalia Contract | NRB Bearing | Sunil Hitech | Trident | Jayaswal Neco | Amtek Auto | Claris Life | SpiceJet | Gitanjali Gems | Mangalore Chemicals | Gillette India | Future Retail and Titan are stocks, which are in the news today.
Commerce and Industry Minister Nirmala Sitharaman, had last month, hinted that the gems and jewellery sector, which employs about 3.5 million people, may get some incentives in the Budget.
Wipro | Kotak Mahindra Bank | Videocon Industries | Tata Steel | DLF | GAIL | Tata Motors | M&M Financial Services | Coal India | Glenmark Pharma | Gitanjali Gems and ING Vysya Bank are stocks, which are in the news today.
The jewellery industry hopes its life will become a little easier. The commerce ministry plans to boost gems and jewellery production in India through the â€˜Make in India‘ programme. To this end, commerce secretary Rajeev Kher met representatives of the gems and jewellery sector to exchange notes and proposals to push the sector ahead.
Here are few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Gitanjali Gems, Tribhovandas Bhimji Zaveri (TBZ), Reliance Capital, Max India, Exide Industries, SKS Microfinance, Tata Motors and NBCC.
Gitanjali Gems has reported a consolidated total income from operations of Rs 2,471.11 crore and a net profit of Rs 18.34 crore for the quarter ended Sep '14
In early Mumbai trading, Shree Ganesh Jewellery and Gitanjali Gems were up 20 percent, locked in upper circuit filter, while Tribhovandas Bhimji Zaveri, Tara Jewels and PC Jeweller surged 7.9 percent to 13.9 percent.
Officials from the RBI and the finance ministry met on Thursday to review the country's gold import policy but no decision was taken.
Infosys | HDFC Bank | Asian Paints | Larsen and Toubro | Motherson Sumi | United Breweries | Apollo Hospital | Gujarat State Fertilizers and Chemicals and Gitanjali Gems and HDFC Bank are stocks, which are in the news today.
Pritesh Mehta, senior technical analyst at IIFL is of the view that one can exit Gitanjali Gems and advises switching to Punjab National Bank and Oil and Natural Gas Corporation.
Retail participation continued to remain muted as can be seen from the slackness in mid and small cap shares.
Gitanjali Gems, PC Jeweller, Renaissance Jewellery, Tribhovandas Bhimji Zaveri and Rajesh Exports climbed 1-2 percent.
Watch out for jewellery stocks including PC Jeweller, Gitanjali Gems and Shree Ganesh Jewellery as the finance ministry may consider reduction of import duty on precious metal from 10 percent to 2 percent.
Here are CNBC-TV18's top ten moving stocks.
Shares of jewellery stocks were on buyers‘ radar as Finance Minister P Chidambaram may be looking into removing restrictions on import of gold. Stocks like Gitanjali Gems, PC Jeweller, Shree Ganesh Jewellery House, Thangamayil Jewellery and Titan Company rallied 2-4 percent intraday on Thursday.