The Enforcement Directorate (ED) has carried out search operations recently at the business premises, bank lockers of M/s. Atlas Jewellery India Limited (AJIL) under Prevention of Money Laundering Act (PMLA) at three places in Mumbai, Bengaluru and New Delhi.

ED seizes cash and jewellery worth Rs 26 cr in bank fraud case

Atlas Jewellery India standalone net profit rises 1566.67% in the June 2021 quarter

Atlas Jewellery India standalone net profit declines 91.24% in the March 2021 quarter

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Atlas Jewellery India Limited is engaged in the business of retail trade and export of gold and other precious ornaments. The Company offers a range of choice in fashionable jewelry. The Company has both retail showrooms and manufacturing operations.