The stock price started its up move from Rs 65 (March 2009). The stock made a high of Rs 1,486 in July 2021 accompanied by higher bottoms and top formations and traded above averages in its uptrend,[Bharat Gala, President – Technical Research, Ventura Securities, said.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders