Sky Gold And Diamonds Limited
Motilal Oswal Mutual Fund decreased its stake in Sky Gold And Diamonds Limited from 4.59% to 4.16% by selling 665,324 shares. The value of the sold shares was ₹41.33 crore, at a price of ₹621.30 per share.
A jewellery manufacturer engaged in designing and producing gold jewellery for the Indian market. Sky Gold operates through a business-to-business model, supplying finished gold jewellery products to mid-range jewellers and boutique stores across the country. These retail partners distribute the company's products through both online platforms and physical retail stores, targeting the mid-market jewellery segment with contemporary designs and quality craftsmanship.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.