Shares of retailer Kalyan Jewellers India hit the 10% upper circuit limit on BSE, surging to Rs 417.75, as the jewellery retailer’s blockbuster third-quarter earnings triggered a wave of bullish brokerage calls with price targets as high as Rs 750, a potential 80% upside from current levels. The stock locked into the circuit after the […]
The listing of Billionbrains Garage Ventures Ltd., the operator of India’s largest online brokerage Groww, has turned out to be a lesson in market euphoria and swift correction. Groww crossed the ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg) After a spectacular post-listing rally that saw Groww’s share […]