What Jewellery Firms Need to Know Before Going Public
Geetanjali Kedia, Senior Research Analyst at S P Tulsian Investment Advisory Services, talks about the benefits that jewellery businesses can derive by going for an IPO, and the challenges such a step would entail. She also dwells on eligibility criteria, market trends, and strategies to attract investors
Gold ETFs See Continued Inflows in October, North America Leads Growth
In October 2024, global gold ETFs experienced a sustained inflow of US$4.3 billion, extending a six-month streak of positive demand. North America and Asia led the inflow trends, contributing significantly to the overall growth in assets under management (AUM), which reached a record US$286 billion
India’s Festive Gold Buying Surges Despite Record Prices
As Dhanteras and Diwali draw near, Indian consumers are actively purchasing gold despite record-high prices, driven by hopes for strong returns amid a cooling stock market. This surge in demand may further elevate global gold prices and impact India's trade balance, indicating a robust festive buying sentiment
PN Gadgil Jewellers Shares Surge with 73% Premium on Stock Market Debut
PN Gadgil Jewellers Ltd made a remarkable debut on the stock market, with its shares opening at over 70% premium on both the NSE and BSE
Bluestone Secures Rs.900 Crore in Pre-IPO Funding, Valuation Soars to $970 Million
Jewellery retailer Bluestone has secured ?900 crore in a pre-IPO funding round, boosting its valuation to $970 million
Gargi by P N Gadgil & Sons (PNGS) Expands into Deccan with New Shop-in-Shop Stores in Shoppers Stop Latur and Hyderabad
The launch continues Gargi’s aim to make its exquisite products available in more markets across India
Gargi by PNGS Expands Its Reach with Second Franchise Outlet in Nashik
Gargi by P N Gadgil & Sons (PNGS) commences 2024 on a high with its second franchise outlet in Nashik
DGFT Encourages GJEPC to Promote Jewellery Exports via E-commerce
India will target gold jewellery exports of USD 25 billion by 2030: Vipul Shah, Chairman, GJEPC, at the India Gold & Jewellery Summit
RBZ Jewellers' Stock Achieves 5% Upper Circuit for Fourth Consecutive Session Post Listing
RBZ Jewellers' stock price reached the 5% upper circuit, yielding a remarkable 21% return for dedicated shareholders who held their investments despite the stock listing at par value
Thangamayil Jewellery announces 1:1 bonus
Thangamayil Jewellery Limited, has recently made significant announcements regarding its operations. The company's board of directors has recommended the issuance of bonus shares to existing shareholders, indicating a commitment to rewarding and sharing its success with investors.
PNGS Gargi Fashion Jewellery Ltd opens new showroom in Pune
PNGS Gargi Fashion Jewellery Limited's new showroom in Pune showcases its commitment to providing an exceptional shopping experience and a diverse range of exquisite jewellery pieces.
PC Jeweller's Stock Market Woes: Legal Proceedings, Loan Recall Notices, and Insider Trading Allegations
Delhi-based jewellery chain PC Jeweller is facing a tumultuous time in the stock market, with its shares plummeting by over 75% since January 2018. The company is embroiled in legal proceedings with the State Bank of India and four other banks as well.
Demand for gold grows faster in smaller towns
According to search data released by JustDial, demand growth for gold in tier-2 towns was 24%, marginally ahead of tier-I cities at 22%
Industry Revels in New Budget Announcements-Union Budget 2021
Customs duty on gold and silver decreased to 7.5 per cent from 12.5 per cent with an addition of 2.5 per cent AIDC (Agri Infra & Development Cess) – in effect reduced to 10 per cent -- applauded unanimously by the whole G & J industry
Reduction In Customs Duty On Gold And Silver Brings Huge Relief to G & J Industry
Customs duty on gold and silver decreased to 7.5% from 12.5% with an addition of 2.5% AIDC (Agri Infra & Development Cess) – in effect reduced to 10% -- applauded unanimously by the whole G & J industry
