Jewellery retail, gold finance stocks crash

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    Jewellery retail, gold finance stocks crash
    Tribhovandas Bhimji Zaveri: Quotes, News
    BSE 62.00BSE Quote0.5 (-0.81%)
    NSE 62.00NSE Quote0.05 (-0.08%)
    Muthoot Finance: Quotes, News
    BSE 452.20BSE Quote8.95 (-1.98%)
    NSE 453.05NSE Quote8.05 (-1.78%)
    Shares of Jewellery retail companies and gold finance companies came crashing down as international gold prices fell dramatically last week.

    Shares of Gold and gold ornament retailers like PC Jeweller plunged 6.6 per cent, while Tribhoovandas Bhimji Zaveri dropped 10 per cent and Thangamayil fell 4.76 per cent. Also read should you buy gold after the 20% fall

    On the other hand gold finance companies stocks like Muthoot and Manappuram also plunged. Muthoot Finance was down 18 per cent, while Manappuram Finance was down 9.33 per cent.

    The drops comes largely as a result of a fall in gold prices. International gold prices have now fallen by as much as 20 per cent, ever since they peaked in 2011.

    Read more about: gold
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more