Brokerage agency Emkay World has elevated the goal value of jewelry inventory Senco Gold whereas retaining ‘purchase’ score to ₹600 regardless of firm reported weak Q3 outcomes. The brokerage agency sees an upside potential as much as 85 per cent within the jewelry inventory.
The jewelry trade is going through challenges as a result of unprecedented surge in gold costs, affecting each buyer demand and jewellers’ profitability.
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