Kalyan Jewellers slips 7%, hits 6-mth low; tanks 38% in 13 days; here's why

Q: How long will it take to read this news story?

The story "Kalyan Jewellers slips 7%, hits 6-mth low; tanks 38% in 13 days; here&#039;s why" has 662 words across 28 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Kalyan Jewellers slips 7%, hits 6-mth low; tanks 38% in 13 days; here&#039;s why" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 286 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25313030</li><li>URL: https://beamstart.com/news/kalyan-jewellers-slips-7-hits-17374471851607</li></ul>

Business Standard Logo Business Standard 6h ago

Kalyan Jewellers slips 7%, hits 6-mth low; tanks 38% in 13 days; here's why - Business Standard

Quick Summary:

The company's promoters pledged an additional 36.15 million equity shares or 3.5 per cent of total equity of the company in favor of multiple non banking finance companies and others.

Meanwhile, the stock price of Kalyan Jewellers has fallen below its previous low of Rs 498.85 touched on Friday, January 17, 2025.

These promoters have pledged shares of the company in favour of Catalyst Trusteeship, Bajaj Finance, Aditya Birla Finance, Tata Capital, Infina Finance, STCI Finance, and HSBC Invest Direct Financial Service to avail loan facilities from them.