Lotus Chocolate, under Reliance Consumer Products, experienced a significant surge in shares, reaching an all-time high after reporting a substantial increase in Q1 profit. The company, known for high-quality chocolate products, has shown remarkable growth and aims to compete with major confectionery players in the market.
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