- Wealth PMS
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We have an addition to the CAPM Portfolio in the name of a stock that has taken an absolute drubbing.
Last year, Gitanjali Gems crashed from the Rs. 600 levels (in May 2013) to Rs. 60 with a short span. The massive fall was after the RBI restraint on Gold imports which really hurt their business. Sales in the December quarter were down over 36%, and the EPS (trailing 12 . . .