Jul 05, 2013 05:47 PM IST
Sudarshan Sukhani of s2analytics.com says Ashok Leyland is a short sell and Gitanjali Gems is something one cannot touch.
- Jul 04, 2013 10:27 AM IST
One can exit Jet Airways, says Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services.
- Jul 02, 2013 09:11 AM IST
Market is now in a period when it is not giving any sign and the charts are quiet, technical analyst, Sudarshan Sukhani, s2analytics.com said.
- Jul 01, 2013 11:50 AM IST
Buyers' reluctance to touch the Gitanjali Gems stock despite the 60 percent drop in share price,could indicate that they are not convinced about the company's numbers.
- Jun 29, 2013 12:47 PM IST
Gitanjali Gems plunged 57 percent from Rs 547.85 to Rs 233.90 in eight consecutive sessions since June 19, on concerns that the fall in gold prices and recent RBI norms on gold imports would hurt earnings. SP Tulsian of sptulsian.com also feels the sell-off was triggered by margin call pressure.
- Jun 26, 2013 04:53 PM IST
Three consecutive day fall has wiped out 19.54 billion rupees, or half of its market capitalisation, as India looks to curb gold imports to improve a current account deficit that hit a record high in the October-December quarter
- Jun 25, 2013 06:21 PM IST
One may see 10 percent lower circuit in Gitanjali Gems, says SP Tulsian of sptulsian.com.
- Jun 25, 2013 03:49 PM IST
Gitanjali Gems hit the 20 percent lower circuit for the second straight day. The company says recent RBI and government initiatives to curb gold imports will hurt earnings.
- Jun 25, 2013 12:02 PM IST
Abhishek Gupta, president, Gitanjali Gems, says gold companies face immediate working capital pressures due to recent RBI guidelines, which prohibit jewellers to buy gold on credit.
- Jun 24, 2013 06:40 PM IST
SP Tuslian of sptulsian.com says he won't be surprised to see Gitanjali Gems correcting to a level of Rs 300-320.
- Jun 24, 2013 04:45 PM IST
Gitanjali Gems was the biggest loser among the jewellery stocks, down 20 percent to its lower circuit limit in morning trade. Others like TBZ and PC Jeweller also tumbled 13 percent and 10 percent respectively.
- Jun 13, 2013 06:40 PM IST
SP Tulsian of sptulsian.com feels Titan Industries may settle around Rs 224-225 levels in short term.
- Jun 11, 2013 03:25 PM IST
According to Titan, credit for gold import has been prohibited by RBI, which will affect import of gold through all non-consignment routes like gold on lease.
- Jun 06, 2013 11:01 AM IST
Despite the duty hike, gold imports reached at a staggering USD 15 billion in the last two months. On Monday, Finance Minister P Chidambaram echoed his concerns after gold imports touched 162 tonnes in May
- Jun 05, 2013 04:08 PM IST
Gems and jewellery company Gitanjali Gems which is also a star trading house sees a marginal impact on the gold it imports directly following RBI's new gold import rules.
- Jun 03, 2013 07:41 PM IST
Kunal Bothra of LKP is of the view that, ITC is expected to decline towards the level of Rs 322 in next two to three days. Keep a strict stop loss of Rs 340, he advised.
- May 29, 2013 05:20 PM IST
Gitanjali Gems has reported a sales turnover of Rs 4,750.53 crore and a net profit of Rs 118.88 crore for the quarter ended Mar '13
- Apr 22, 2013 03:07 PM IST
Gitanjali Gems rallied 5.5 percent intraday to touch a new 52-week high of Rs 637.50 on Monday after the company announced the merger of Gems London Company with Tokyo based lmacbc Company.
- Apr 18, 2013 04:31 PM IST
India Ratings & Research (Ind-Ra) believes that the impact of the recent correction in gold prices on the domestic jewellery industry will be mixed and will depend on the gold sourcing norms of specific jewellers.
- Apr 17, 2013 06:34 PM IST
One can buy Gitanjali Gems at current market levels as the stock is expected to test Rs 650 level in near term, says Rahul Mohindar of viratechindia.com.
- Apr 03, 2013 10:22 AM IST
One can buy Gitanjali Gems, says Sudarshan Sukhani of s2analytics.com.
- Apr 03, 2013 09:07 AM IST
Technical analyst, Sudarshan Sukhani, s2analytics.com said that traders who do not have position or who exited yesterday, a correction today would provide an opportunity to reenter.
- Mar 28, 2013 03:23 PM IST
The stock of Gitanjali Gems shot up 5 percent on Thursday after the company has decided to defer issue of foreign currency convertible bonds (FCCBs).
- Mar 12, 2013 08:31 PM IST
SP Tulsian of sptulsian.com is neutral on Gitanjali Gems.
- Mar 05, 2013 07:10 PM IST
CRISIL Research has come out with its report on Gitanjali Gems. According to the research firm, the share of the jewellery business of the company is expected to remain in the 58-62% range in FY14.