Gitanjali shares drop 58% in 7 days, loses â¹435 cr in m-cap
Shares of jeweller Mehul Choksi-owned Gitanjali Gems plunged for the seventh straight session on Thursday, falling 58.5% in the past one week. The company has lost â¹435.41 crore from its market capitalisation in the last seven days. This comes after PNB accused Choksi and jeweller Nirav Modi of defrauding the bank of $1.77 billion.