Top gainer: ONGC 270 ▲ 6.5 (+2.49%)
Top loser: Apollo Hospital 7,185 ▼ 251 (-3.38%)
Shares of Kalyan Jewellers slipped as much as 7.5% to ₹668.55 apiece
Shares of Kalyan Jewellers slipped as much as 7.5% to ₹668.55 apiece on the NSE. The company released its Q3 business update on Tuesday. It recorded consolidated revenue growth of approximately 39% in the December quarter when compared to the same period in the previous financial year. During the recently concluded quarter, the company launched its first showroom (Company Owned Company Operated) in the United States of America.
Shares of RIL were trading nearly 2% higher at ₹1,265.05 apiece
Shares of RIL were trading nearly 2% higher at ₹1,265.05 apiece on the NSE. According to analysts, the stock has a potential upside of up to 36%. Jefferies said RIL underperformed the Nifty 50 index by 15% in 2024 over concerns surrounding the medium-term growth prospects for its retail business and lower earnings growth in the current financial year.
Shares of Dixon Technologies tumbled as much as 7.8% to ₹17,001 apiece
Shares of Dixon Technologies, the leading design-focused and solutions company engaged in manufacturing products in India’s consumer durables, lighting, and mobile phones markets, tumbled as much as 7.8% to ₹17,001 apiece on the NSE on Wednesday, January 8. The stock of the consumer durables sector company has jumped nearly 171% in the past 12 months on consistent key deals, order wins, and terrific financial performance.