Morning brief · Monday, 31 August 2026

Why investors are eyeing newly listed B2B jeweller Shanti Gold

From the investor's mind
One post worth your time, explained
Sajal Kapoor
@unseenvalue · on X
Syngene International must double its operating profit to hit a 2,000 crore rupee EBITDA target by financial year 2030, a steep climb from the approximately 1,000 crore rupee EBITDA it reported in financial year 2024. This ambitious trajectory requires sustained, high-double-digit compounding over the next six years, a milestone that remains a point of deep skepticism for veteran investor Sajal Kapoor. By promising to change his profile picture if the contract research and manufacturing services firm actually delivers on this 2,000 crore rupee mark, Kapoor highlights how demanding the company's long-term growth expectations are relative to its current financial run rate.
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Word in the street
What the wider market is buzzing about
Shanti Gold International Limited
242Past year 9%M.cap ₹1,858 Cr
Market participants are closely watching Shanti Gold International Limited, a newly listed B2B jewellery manufacturer with a market cap of about 1,858 crore. The company, which originally started in 2003 as a partnership firm, listed on August 1, 2025, after launching a 360 crore initial public offering at Rs 199. Investors view the fact that the entire issue was an offer for sale as a positive sign, helping the stock rise 8.79 percent over the past year. However, some observers find it a bit weird that the company website is not secured, leaving them with mixed feelings.
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