Wed, Jan 15, 2025 11:05 AM
450% returns in one year! Small-cap stock jumps this order book update
A Flip by Swapnil Tiwari
Shares of Kalyan Jewellers India Ltd., the Thrissur, Kerala-based Jewellery maker, are locked in a lower circuit of 10% on Wednesday, January 15. With today's move, the stock has crashed 32% in the last nine trading sessions. The stock has been on a losing spree even after the company's December quarter business update showed continued outperformance on growth.
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Shares of Nazara Technologies, a leading diversified gaming and sports media company, climbed 4% in intraday trade on Wednesday, January 15 to ₹938. Notably, the stock recovered 6% from the day’s low after the company announced that its subsidiary, Fusebox Games, partnered with Banijay Rights to bring Bigg Boss to the world of interactive gaming.
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Thailand eyes spot Bitcoin ETF approval as the SEC considers allowing local listings for retail and institutional investors. Thailand is considering allowing spot Bitcoin exchange-traded funds (ETFs) to list on local exchanges for the first time, according to the country’s Securities and Exchange Commission (SEC).
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