Motilal Oswal Mutual Fund is one of the top institutional investors in Kalyan. These rumours had resulted in Motilal Oswal shares falling 12% in the past three trading days and Kalyan’s shares tumbling 20% in the past week and 33% in a month.
As safe-haven gold surges again, loan demand to also shoot up
Gold loan companies expect a significant increase in demand. Record gold prices, fueled by geopolitical tensions, are driving this trend. MSMEs and individuals are likely