Introduction:
On January 15, 2025, a significant stock expanded its luxury jewelry offerings by partnering with Aditya Birla Jewellery, moving into new segments like 18K gold and diamonds, and extending its Singapore distribution network to boost global presence and export revenues.
Share Price movement of Sky Gold:
As of today, January 15, 2025, Sky Gold Ltd opened at ₹359.85, climbed to a high of ₹380.10, and dipped to a low of ₹344.75. The stock closed at ₹377.95, reflecting a 5% increase from the previous close of ₹362.90, with a market cap of ₹5538.48 crore.
Sky Gold hits 5% upper circuit:
On January 15, 2025, Sky Gold Limited announced a significant partnership by onboarding Aditya Birla Jewellery, marking a strategic move into luxury segments and aligning with top brands. This partnership underlines Sky Gold’s emphasis on quality and innovation in jewellery design.
The company also expanded into new jewellery segments, including 18K gold, natural diamond, and lab-grown diamond jewellery. This diversification strengthens Sky Gold’s position in the market, building on its expertise in the 22K lightweight jewellery sector.
Additionally, Sky Gold is extending its distribution network to the Singapore market, aiming to boost export revenues and enhance global presence. This expansion reflects the company’s strategic response to evolving market demands and its commitment to catering to a diverse clientele.
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Recent news About Sky Gold :
On December 17, 2024, the company issued 13,18,86,054 bonus equity shares at Rs. 10 each in a 9:1 ratio, significantly increasing the paid-up equity share capital to Rs. 1,46,54,00,600 across 14,65,40,060 shares, effective from December 16, 2024.
Ace investor holding of Sky Gold:
Perundevi Krishnan
Perundevi Krishnan holds a 1.14% stake in Sky Gold Ltd, owning 1,674,550 shares valued at ₹6.7 crore. This investment highlights her significant position in the company’s equity portfolio.
Shruthi M
Shruthi M holds a 1.03% stake in Sky Gold Ltd, owning 1,504,120 shares valued at ₹7.6 crore. This represents a notable investment in the company, reflecting her position in its equity structure.
Stock performance of Sky Gold for Period of 1 week, 6 months and 1 year:
Sky Gold Ltd’s stock has had a dynamic performance over various periods. Over the past week, the stock has seen an 8% decline. However, looking at the past six months, it has gained an impressive 82%. Remarkably, over the last year, the stock has surged by 228%.
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Shareholding pattern of Sky Gold:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 62.51 | 61.32 | 61.32 |
| FII | 0.25 | 0.08 | 0.04 |
| DII | 1.85 | 1.91 | 0 |
| Retail & others | 35.39 | 36.67 | 38.64 |
About Sky Gold:
Sky Gold Ltd. specializes in the manufacturing and trading of high-quality jewelry products. The company focuses on innovative design and craftsmanship in gold and diamond jewelry, catering to a diverse range of consumer preferences and market demands in the jewelry sector.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
