Jewellery Sector Q3FY25 Updates (upcoming budget Custom duty will hurt them)

- Kalyan : 39% 
- Titan : 24% 
-PN Gadgil : 24% - 
- Senco Gold : 22%

Still with 20% Growth rate and above Kalyan and other Stocks are falling like no tomorrow you know why because big players know that in upcoming budget there will be again tweak in custom duty which is going to hurt them badly,  otherwise I found no reason why they should all fall like these as I dig inside their financial statement and  simply all stocks are well placed only Kalyan ROE is concern but is sales are strong capex going well Sonner or later ROE will also improve, as a result Sky gold and other which are B2B and they are also falling same way.