Gitanjali Gems is currently trading at Rs. 66.40, up by 1.40 points or 2.15 % from its previous closing of Rs. 65.00 on the BSE. The scrip opened at Rs. 67.00 and has touched a high and low of Rs. 68.05 and Rs. 66.25 respectively. So far 89744 shares were traded on the counter.
Tribhovandas Bhimji Zaveri is currently trading at Rs. 91.30, up by 2 points or 2.24% from its previous closing of Rs. 89.30 on the BSE. The scrip opened at Rs. 92.80 and has touched a high and low of Rs. 93.70 and Rs. 91.30 respectively.
PC Jeweller is currently trading at Rs. 532.35, up by 2.15 points or 0.41% from its previous closing of Rs. 530.20 on the BSE. The scrip opened at Rs. 547.00 and has touched a high and low of Rs. 547.35 and Rs. 528.45 respectively.
Jewellery stocks gained traction after the GST Council decided to reduce GST rates for jewellery making charges to 5% from 18% earlier. The council on Sunday reduced tax rates on 66 items including ketchup, instant food mixes, pickles, tractor components, computer printers and insulin as the Centre and the states sought to iron out rough edges ahead of GST's roll out from July 1, 2017.
