Setback or blip? Decoding jewellery stocks’ underperformance as gold hits fresh lifetime highs

April 3, 2024

ETMarkets’ analysis reveals the underperformance of jewellery stocks amidst gold’s record highs. Most saw negative returns, with a few exceptions. Experts suggest cautious investment strategies with focus on companies’ fundamentals and long-term prospects.

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Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%

Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.

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UPI-MDR an additional earnings opportunity, not Paytm’s business model foundation: Brokerages

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