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Gems and Jewellery stocks trade mostly in green on seeking cut in gold import duty to 4%

30 Jan 2019 Evaluate

Gems and Jewellery industry stocks were trading mostly in green as a report stated that Gems and Jewellery sector has sought reduction of gold import duty to 4%.

Tribhovandas Bhimji Zaveri (TBZ) is currently trading at Rs. 58.40, up by 0.55 points or 0.95% from its previous closing of Rs. 57.85 on the BSE. The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 59.35 and Rs. 58.40 respectively. So far 1140 shares were traded on the counter.

Titan Company is currently trading at Rs. 969.60, up by 3.10 points or 0.32% from its previous closing of Rs. 966.50 on the BSE. The scrip opened at Rs. 966.50 and has touched a high and low of Rs. 973.85 and Rs. 966.00 respectively. So far 13548 shares were traded on the counter.

PC Jeweller is currently trading at Rs. 72.70, down by 1.25 points or 1.69% from its previous closing of Rs. 73.95 on the BSE. The scrip opened at Rs. 74.25 and has touched a high and low of Rs. 74.75 and Rs. 72.20 respectively. So far 185393 shares were traded on the counter.

The Gems and Jewellery sector has sought reduction of gold import duty to 4%, cut and polished diamonds and cut and polished gem stones to its 2.5% and relaxation of credit norms for working capital requirements in the forthcoming budget.

All India Gem and Jewellery Domestic Council (GJC) chairman Anatha Padmanabhan in a letter to finance Minister Arun Jaitley said the 10% import duty on gold was levied to curb current account deficit (CAD).

Tribhovandas Bhimji Share Price

149.95 -2.15 (-1.41%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4526.30
Kalyan Jewell.India 426.90
Rajesh Exports 125.34
Senco Gold 326.45
Thangamayil Jeweller 4205.90
View more..

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