Sky Gold announced that its board has approved 100% acquisition of equity shares of Starmangalsutra and Sparkling Chains held by existing shareholders of the companies, by way of share swap.

Sky Gold acquires entire stake in Starmangalsutra & Sparkling Chains

N K Industries Ltd, Lambodhara Textiles Ltd, DCM Financial Services Ltd and Sky Gold Ltd are among the other losers in the BSE’s ‘B’ group today, 13 March 2023.

Meera Industries Ltd leads losers in ‘B’ group

Sky Gold Ltd, Megasoft Ltd, Gillanders Arbuthnot & Company Ltd and Veranda Learning Solutions Ltd are among the other gainers in the BSE’s ‘B’ group today, 24 February 2023.

Skipper Ltd leads gainers in ‘B’ group

SVP Global Textiles Ltd, Shree Pushkar Chemicals & Fertilizers Ltd, Sky Gold Ltd and Nucleus Software Exports Ltd are among the other losers in the BSE’s ‘B’ group today, 18 January 2023.

Orient Press Ltd leads losers in ‘B’ group

With a market worth of ₹165.99 Cr, Sky Gold is a small-cap company that belongs to the consumer discretionary industry.

This stock is a watch with high promoter holding for 1:1 bonus shares

Small-cap firm Sky Gold Ltd operates in the Consumer Discretionary Goods & Services (CDGS) industry and has a market valuation of ₹136.98 Cr.

This CDGS stock issues 1:1 bonus shares, shares reach 52-week-high

Board of Sky Gold approves bonus issue of 1:1

Board of Sky Gold to consider bonus issue and migration to main board

Escorp Asset bought 100,000 shares of Silgo Retail at Rs 51.7 per share through a bulk deal on the National Stock Exchange.

NSE-BSE bulk deals: Escorp Asset buys stake in Sky Gold, Silgo Retail

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not 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

Sky Gold Limited is engaged in the business of designing, manufacturing and marketing of Gold jewelries. The Company’s product portfolio includes finger rings, earrings, pendants, pendant sets, double hook pendants, bracelets, necklaces and bangles.

Sky Gold Ltd