India's Sky Gold hits upper circuit on strong Q4 earnings

Sky Gold and Diamonds

30/05/2024 09:57

** Shares of jewellery maker Sky Gold  SKYG.NS  up 5% at
1,232.55 rupees
    ** Stock hits upper limit of exchange-mandated trading band,
after previously hitting this limit 13 other times in 2024
    ** Co reports 124% jump in Q4 profit; rev up 90%
    ** Stock up 21% YTD, compared to a 17% dip and ~10% surge in
peers Tribhovandas Bhimji Zaveri  TBZL.NS  and Kalyan Jewellers
 KALN.NS , respectively

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))