Nakshatra World

Gitanjali Gems posted a good set of Q1 earnings. In an interview to CNBC-TV18, Abhishek Gupta, Group Advisor of Nakshatra World spoke about the results and his outlook for the company.

Gitanjali Gems unit Nakshatra World gets Sebi's nod for IPO

Gitanjali Gems' arm Nakshatra World has received capital markets regulator Sebi's go-ahead to float an initial public offering.

Gitanjali Gems soars 8% as subsidiary files DRHP

Nakshatra World filed its draft red herring prospectus to the Securities and Exchange Board of India and the stock exchanges. The company had announced its intention to raise Rs 650 crore.

Gitanjali Gems arm Nakshatra World files IPO papers with SEBI

Nakshatra World filed its DRHP with the Securities and Exchange Board of India (SEBI) and the exchanges on Wednesday. The company had announced intentions to raise Rs 650 crore in an exchange notification in December 2016.

Gitanjali Gems soars 10% on Rs 650 cr IPO plan

On BSE, the stock opened at Rs 65.20 and soared 9.89 percent to touch an early high of Rs 68.85. At 1320 hours, it was trading at Rs 66.60, up 6.30 percent from the previous close.