Global Risks Bode Well For Gold
Rise in income levels and economic uncertainties to aid consumption of yellow metal.
Rise in income levels and economic uncertainties to aid consumption of yellow metal.
During the trade so far, Kalyan Jewellers shares rallied as much as 12.5% to ₹128.55 level, while the market capitalisation jumped to ₹13,164 crore.
Warburg Pincus, which holds 26.36% stake in Kalyan Jewellers through its subsidiary, Highdell, looks to sell 2.5% equity stake in the company.
Vinod Rai would be the eighth non-executive director on the company's board
Kalyan Jewellers has managed to get its IPO oversubscribed, and is betting on a strategy that tailors each of its stores according to the location’s cultural values. But there are challenges ahead.
Kerala’s Kalyanaraman family has built a ₹10,500-crore jewellery empire and is looking at touching ₹25,000 crore by 2025.
Five Indian jewellery and watch-manufacturing companies are in the Top 100 Global Luxury Goods, says a report.
The birth of a boom-town: How the precious metal has transformed quiet Thrissur.