28 smallcap stocks rally up to 35% last week despite volatile market
The data released on Thursday showed that inflation cooled off to a 12-month low of 5.72% in December, which led to hopes that the rate hike cycle of the Reserve Bank of India may not last long. Similarly in the US, consumer price inflation in December fell for the first time since May 2020
Dalal Street's 'Big Whale' Kacholia adds this jewellery stock to his portfolio in Q3
Shares of the silver, platinum and diamond-studded jewellery maker have given good returns to investors in the last quarter. The stock has gained 9%, outperforming the BSE Smallcap index which rose 2% in the same period.
What Mukul Agrawal bought & sold during June 2022 quarter
Among new additions, Mukul Agrawal's name was seen on GM Breweries' key shareholder list. He held 2,56,971 shares or a 1.41 per cent stake in the company by the end of the latest quarter, worth Rs 14.7 crore.Listed companies are obliged to release the list of key shareholders who hold one per cent stake or more in the company on a quarterly basis as per Sebi norms.
Titan, jewellery stocks tank as govt increases import duty on gold by 5%
The government of India has increased the import duty on the yellow metal to 12.5 per cent from 7.5 per cent earlier, which means the gold companies will have to pay more to import the yellow metal.
Anil Kumar Goel trims stake in this company, Ramesh Damani stays put
Goel held 7,60,000 equity shares or 1.56 per cent stake in the company as of March 31, 2022. However, he held 7,80,000 equity shares or 1.60 per cent stake in the company for the quarter ended December 2021.
Expects negative for Gems and Jewelry stocks on Reports of KYC necessary for Gold Purchase
Media reports that the government may make KYC mandatory for all cash transactions in the upcoming budget for purchase of Gold. According to a report in the Economic Times, jewellers fear ......read more