New Delhi, April 19 -- Jewellery stocks delivered a mixed performance since the last Akshaya Tritiya, with some posting robust returns while others remained subdued, as sharp volatility in gold prices capped demand and shifted investor preference towards gold-based investments.
Among the top performers, Thangamayil Jewellery delivered massive returns of 100%, surging from Rs.2,096 to the current level of Rs.4,210 apiece. Meanwhile, Titan Company shares rewarded investors with 36% returns, and PN Gadgil Jewellers gained 17.24% during the period. In contrast, Kalyan Jewellers shares slumped 13%, while Senco Gold and Motisons Jewellers, have lost 6% and 3% respectively.
According to a recent commodities insight report by Motilal Oswal Fina...
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