/ Gitanjali Gems Soars Nearly 6% In Tuesday's Opening Session ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 14 March 2017

Gitanjali Gems in Tuesday's opening session is soaring on bourses, and the stock is up nearly 6%. It hit a high of Rs 69 per share on an intraday basis.

The company on Friday announced that SEBI is going to conduct a detailed probe into the role of Choksi Group and other promoter firms of Gitanjali Gems. The probe will be conducted in the matter of alleged irregularities in the trading of the Company's stocks.

The stock in a period of one year has delivered 107% returns, outperforming the BSE Small-cap and BSE Consumer Durables indices over the same time span.

Gitanjali Gems Limited is engaged in the trading, manufacturing, import and export of diamond; cutting and polishing of diamond; making diamond studded jewellery and plain gold jewellery. The company's segments include diamond, jewellery and others.  

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