Gold refiner shares 400 GB of data with regulator
Shares hit lower circuit after Sebi's interim order, while LIC's continued holding in the company comes under scrutiny amid governance concerns
A shareholder's complaint about unpaid receivables triggered a two-year investigation that led Sebi to question revenues, disclosures and overseas operations at Rajesh Exports
A day after Sebi's interim order raised questions over revenue misreporting, Rajesh Exports said the issue stemmed from a 'communication gap' and maintained its revenues were correctly reported
Life Insurance Corporation of India (LIC) and foreign portfolio investors (FPIs) collectively hold a 25 per cent stake in Rajesh Exports, data shows.
LIC stake in Rajesh Exports: LIC shares traded under pressure today following developments related to Rajesh Exports, in which the insurer holds a 10.8 per cent stake.
LIC holds 10.8% stake in Rajesh Exports; Market expert Ajit Mishra of Religare Broking expects LIC to consolidate in the near-term, with charts indicating support at ₹385 levels.
Rajesh Exports shares hit a 5-per cent lower circuit after Sebi alleged ₹15.15 trillion revenue inflation and barred the company and promoter from the securities market
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The Securities and Exchange Board of India (SEBI) has barred the company and its owner from the securities markets till it completes its investigation
Analysts believe that the gems and jewellery related sector is likely to benefit from the India-US trade deal.
In case of lower US tariffs, shares from IT, gems & jewellery, shrimps and textile-related sectors are likely to benefit, believe analysts.
Firms cite equipment delays from China for missing ACC PLI milestones; govt mulls extension request, penalties imposed for breaching December 2024 deadline
Chart shows that stocks like Cyient, Rajesh Exports, Mahindra Life, SW Solar and Gujarat Pipavav have tumbled up to 81 per cent from the highs in around last two years; Bias remains negative.
Delhivery shares gained 2.8 per cent in the intraday trade to hit a high of Rs 403,65. The spike in Delhivery shares was registered after 23.4 million shares changed hands on the NSE and BSE
Among the Nifty 500 index losing pack so far, Rajesh Exports, Delta Corp and V-Mart Retail can potentially gain up to 15 per cent from current levels, charts show.
So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season.
The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity under a PLI programme
Among select export-oriented shares, Aurobindo Pharma seems well placed on the charts with a potential upside of 9 per cent in the near term.
Jeweller Rajesh Exports has agreed to invest $3 billion in Telangana state to set up the country's first electronic-display plant, the state government said late on Sunday