On March 20, 2024, foreign institutional investors (FII) sold shares worth Rs 2,599.19 crore, while domestic institutional investors (DII) purchased shares worth Rs 2,667.52 crore.

The company is a well-established jewellery retailer with a robust presence in rural and semi-urban areas of Andhra Pradesh and Telangana.

Overall, the broader market sentiment is positive, with 2,043 stocks advancing compared to 210 stocks declining.

The stock gave multibagger returns of 200 per cent in just 1 year and a whopping 3,900 per cent in 3 years.

In conversation with Jaiprakash Toshniwal, Fund Manager and Senior Equity Research Analyst at LIC Mutual Fund Asset Management Ltd.

The stock gave multibagger returns of 120 per cent in 3 years.  

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 207.99 points or 0.29 per cent.

Shares of the company gained more than 150 per cent in the last six months.

In the previous financial year 2022-2023, the company had declared bonus shares in the ratio 4:1 and stock split from a face value of Rs 5 to a face value of Rs 1. The stock split record date was August 28, 2022 and the bonus shares record date was January 06, 2023. In its Quarterly Results (Q2FY24) and annual results (FY23), the company reported positive numbers.