Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Eighty Jewellers Limited is an India-based company, which is engaged as a master franchisee. The Company is involved in the trading of various jewelleries, ornaments, watches, and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones under the business to business (B2B) model in the name Anopchand Tilokchand Jewellers. Its product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. The Company sells all its jewellery and related products to a sub-franchisee store at Korba, Chhattisgarh and a retail store at Bilaspur, Chhattisgarh. The Company also deals in diamond and silver jewellery and ornaments. Apart from this it also procures the old gold ornaments or other jewellery items which are exchanged by the customers towards new jewellery items purchased from its sub franchisee partners.
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Pledged promoter holdings is insignificant
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant