Major jewellers offer up to 20 percent off on gold and diamond jewellery, enticing customers for Dhanteras purchases
PC Jeweller's overall margin has improved on quarter-on-quarter as well as y-o-y basis.
A cheap stock could remain cheap forever if the value is destroyed. Stocks like Gitanjali Gems never recovered from that cheap zone as the business was completely wiped out post the Nirav Modi crisis
Businesses that breach trust and indulge in bad practices are bound to fail. It will only be a matter of time before that happens.
Ashwani Gujral of ashwanigujral.com suggests buying Jubilant Life, India Cements and PC Jeweller.
SP Tuslian of sptulsian.com says he won't be surprised to see Gitanjali Gems correcting to a level of Rs 300-320.
Finance Minister P Chidambaram's relentless drive to curb India's staggering current account deficilt (CAD) by curbing rising gold imports is finally gaining speed.