India, Nov. 4 -- The Mumbai-based gold jewellery manufacturer has posted a sharp jump in sales for the September quarter, helped by higher volumes and fresh capacity. Profit grew at a slower pace, however, and margins moved lower. Management also raised fresh money from shareholders during the period to support its working capital needs.

The Nifty 50 traded at 23,798, down 0.07%, while the Sensex fell 0.04% to 76,875 on Wednesday. Following this, Shares of Shanti Gold International Ltd are trading at Rs. 265.80, down 10.63 percent on Wednesday. The stock touched the intraday high of Rs. 274.90 after opening at Rs. 263.90 before slipping to a low of Rs. 252.40. The company commands a market capitalization of Rs. 2,039.74 crore.

Shanti G...