Shares of jewellery companies surged up to 9% on the BSE today after the government, in its Union Budget 2025 presented by Finance Minister Nirmala Sitharaman, reduced tariff duties on jewellery to 20%.
On Feb 1 after budget announcement the shares of PN Gadgil Jeweller were up by 9% at Rs 615.55 on the BSE, while Senco Gold suged by 4.9% to Rs 492.55 and RBZ Jewellers shares going up by 3.46% at Rs 190.Kalyan Jewellers shares were up by 2.7% at Rs 3,584.60 .Titan rallied by 2.7% and Tribhovandas Bhimji Zaveri (TBZ) shares surged by 2.3%.
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