On technical parameters, the shares of Manoj Vaibhav are trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Manoj Vaibhav Gems N Jewellers’ stock price surged by approximately 14% on the BSE, reaching a daily high of Rs 330.30. The stock started the day at Rs 294.15, compared to its previous closing price of Rs 290.05.
The stock has been gaining for the last three days and has risen 12.97 per cent in the period.
The 52-week high of the counter is Rs 382.20 and a 52-week low is Rs 170. The company has a market cap of Rs 1,494.24.
On technical parameters, the shares of Manoj Vaibhav are trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Meanwhile, gold prices on Monday declined Rs 6 to Rs 73,509 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 6 or 0.01 per cent at Rs 73,509 per 10 grams in a business turnover of 15,321 lots. Analysts attributed the fall in gold prices to weak global cues.
Globally, gold prices went down by 0.04 per cent to USD 2,609.60 per ounce in New York.