- Wealth PMS (50L+)
This is a post for Capital Mind Premium subscribers. Check it out!
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 . . .