Jewellery Stocks Get Shine Back, Gain Up To 10%

Mumbai: Jewellery stocks on Thursday jumped by up to 10 per cent after the government increased excise duty exemption limit for the small scale industry to Rs 10 crore from Rs 6 crore that could bring relief to gold jewellers. On Wednesday, it also decided to waive the levy on sale of traded goods and relaxed other procedural norms. Shares of Tara Jewels soared 10.21 per cent, Shree Ganesh Jewellery House 9.5 per cent and Gitanjali...