Shares of key players in the segment such as Kalyan Jewellers, Rajesh Exports, Titan Industries, and Thangamayil Jewellery Ltd, are all on the rise with most of them inching towards their 52-week high levels.

Will jewellery stocks continue to glitter?

The 30-share BSE Sensex pack dived 502 points or 0.84 per cent to close at 58,909; while the broader NSE Nifty index moved 129 points or 0.74 per cent lower to settle at 17,322. Mid and smallcap shares finished on a weak note, with the Nifty Midcap 100 down 0.32 per cent and Nifty Smallcap 100 shed…

Sensex dives 502 points, Nifty settles below 17,350; Triveni Turbine, Rajesh Exports, Yes Bank drop up to 7%

Rajesh Exports consolidated net profit rises 40.44% in the December 2022 quarter

Rajesh Exports’s shares jumped about 10 per cent to Rs 1028.40 on Monday and it has jumped about 45 per cent in 2023 so far.

Rajesh Exports shares hit fresh 52-week high; more upside possible?

With a market valuation of ₹26,726.93 Cr, Rajesh Exports Ltd. is a large-cap company that operates in the consumer discretionary goods and services (CDGS) industry.

CDGS stock hit 52-week-high after signing agreement with Centre & Karnataka govt

Today’s Pick: Rajesh Exports (₹892): BUY

Companies like Ola Electric, Reliance Industries and Rajesh Exports were shortlisted by the government to avail of the Rs 18,000 crore production-linked incentive scheme to make batteries that power EVs domestically.

Budget 2023: Duty exemption on battery cell equipment may reduce prices of EVs

Rajesh Exports Standalone September 2022 Net Sales at Rs 1,331.43 crore, down 12.82% Y-o-Y

Rajesh Exports’ consolidated net profit rose 27.9% to Rs 372.96 crore on a 94.62% jump in revenues to Rs 80,270.06 crore in Q2 FY23 over Q2 FY22.

Rajesh Exports Q2 PAT grows 28% to Rs 373 cr

Milton Industries, AVG Logistics, and Rajesh Exports will be the stocks in focus as they declare their September quarter earnings today.

Stocks to Watch: Fusion Microfinance, IRCTC, Biocon, LTI, Mindtree, NDTV

Rajesh Exports, AVG Logistics, Shahlon Silk Industries, MRC Agrotech, Lee & Nee Softwares, Milton Industries and Destiny Logistics & Infra are among the companies that will announce their results for September 2022 quarter today.

Stocks in the news: Biocon, NMDC, Brigade Enterprises, PB Fintech, SpiceJet and NDTV

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Rajesh Exports Limited is a holding company, which is involved in the business of gold and gold products. The Company is engaged in the manufacture of gold jewelry, gold products and sale of bullion.