ITEN Stock Dips on Lab Diamond Certification Concerns

  Published 1 year ago

ITEN.NS falls 3% as Kotak cuts rating, citing lab diamond pricing risks and declining third-party certification relevance.

  • Stock extends five-day slide, down 35% year to date amid industry headwinds.
  • Kotak assigns 'reduce' rating with 375 rupees fair value, highlighting sustainability doubts.
  • Self-certification trends and tech advances may weaken external validation demand.

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