Darshan Orna

{
  "main_header": {
    "sid": 1002593,
    "name": "Darshan Orna",
    "stock_name": "Darshan Orna",
    "full_name": "Darshan Orna Ltd",
    "name_url": "stocks-analysis/darshan-orna",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "2.29",
    "chg": -0.01,
    "chgp": "-0.43%",
    "dir": -1,
    "prev_price": "2.30",
    "mcapval": "22.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 539884,
    "symbol": "",
    "ind_name": "Gems, Jewellery And Watches",
    "ind_code": 37,
    "indexname": "India SENSEX",
    "isin": "INE671T01028",
    "curr_date": "May 13",
    "curr_time": "",
    "bse_nse_vol": "1.6 lacs",
    "exc_status": "Active",
    "traded_date": "May 13, 2026",
    "traded_date_str": "2026 05 13",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/darshan-orna-1002593-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Darshan Orna Ltd Downgraded to Strong Sell Amid Weak Technicals and Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-downgraded-to-strong-sell-amid-weak-technicals-and-fundamentals-3988903",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/DarshanOrnaLtd_mojoScore_3988903.png",
        "date": "2026-05-13 08:34:29",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has been downgraded from a Sell to a Strong Sell rating by MarketsMOJO as of 12 May 2026. This revision reflects deteriorating technical indicators, weak long-term financial trends, and valuation concerns despite recent positive quarterly results. The downgrade signals heightened caution for investors amid persistent underperformance against benchmarks and bearish market signals."
      },
      {
        "title": "Darshan Orna Ltd Valuation Shifts to Fair Amidst Mixed Market Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-orna-ltd-valuation-shifts-to-fair-amidst-mixed-market-performance-3973662",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/DarshanOrnaLtd_valuationdot_3973662.png",
        "date": "2026-05-04 08:01:49",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its valuation parameters shift from attractive to fair, reflecting a nuanced change in price attractiveness amid a challenging market backdrop and peer comparisons. Despite a modest recovery in its one-year return, the company’s elevated price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest investors should carefully weigh its prospects against sector peers and broader market trends."
      },
      {
        "title": "Darshan Orna Ltd Valuation Shifts to Fair Amidst Mixed Market Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-orna-ltd-valuation-shifts-to-fair-amidst-mixed-market-performance-3965458",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/DarshanOrnaLtd_valuationdot_3965458.png",
        "date": "2026-04-28 08:01:46",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has experienced a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid rising price-to-earnings and price-to-book ratios, positioning the stock differently against its peers and historical benchmarks."
      },
      {
        "title": "Darshan Orna Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Market Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-orna-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-mixed-market-returns-3956856",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/DarshanOrnaLtd_valuationdot_3956856.png",
        "date": "2026-04-22 08:01:35",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has witnessed a notable shift in its valuation parameters, moving from a fair to an attractive rating. Despite a modest decline in share price and ongoing sector headwinds, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios now suggest improved price attractiveness relative to its historical averages and peer group, prompting a reassessment of its investment appeal."
      },
      {
        "title": "Darshan Orna Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-upgraded-to-sell-on-technical-improvements-despite-weak-fundamentals-3935788",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/DarshanOrnaLtd_mojoScore_3935788.png",
        "date": "2026-04-07 08:35:32",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Strong Sell to Sell as of 6 April 2026. This change reflects a nuanced improvement in the company’s technical outlook, despite persistent fundamental challenges. Investors should weigh the evolving technical signals alongside the company’s financial performance and valuation metrics before making decisions."
      },
      {
        "title": "Darshan Orna Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-downgraded-to-strong-sell-amid-technical-and-financial-concerns-3927578",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/DarshanOrnaLtd_mojoScore_3927578.png",
        "date": "2026-03-31 08:26:18",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Sell to Strong Sell as of 30 March 2026. This revision reflects deteriorating technical indicators, a cautious valuation outlook, subdued financial trends, and weakening quality metrics, signalling heightened risks for investors amid challenging market conditions."
      },
      {
        "title": "Darshan Orna Ltd Valuation Shifts to Fair Amidst Challenging Market Conditions",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-orna-ltd-valuation-shifts-to-fair-amidst-challenging-market-conditions-3909095",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/DarshanOrnaLtd_valuationdot_3909095.png",
        "date": "2026-03-24 08:01:53",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid a challenging industry backdrop and relative to its peers. Despite a modest day gain of 1.21%, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a more cautious stance from investors, underscoring the need for a detailed analysis of its valuation and performance metrics."
      },
      {
        "title": "Darshan Orna Ltd Declines 0.40% Amid Technical Warnings and Valuation Shifts",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-orna-ltd-declines-040-amid-technical-warnings-and-valuation-shifts-3905230",
        "imagepath": "",
        "date": "2026-03-21 14:00:07",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>16 Mar:</strong> Death Cross formation signals potential bearish trend</p>\n                    <p><strong>17 Mar:</strong> Downgrade to Strong Sell by MarketsMOJO</p>\n                    <p><strong>17 Mar:</strong> Valuation grade upgraded from fair to attractive</p>\n                    <p><strong>20 Mar:</strong> Week closes at Rs.2.47 (-0.40%) vs Sensex -0.28%</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.2.48</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.2.47</div><div class..."
      },
      {
        "title": "Darshan Orna Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-downgraded-to-strong-sell-amid-technical-and-financial-concerns-3895939",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/DarshanOrnaLtd_mojoScore_3895939.png",
        "date": "2026-03-17 08:34:34",
        "description": "Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Sell to Strong Sell as of 16 March 2026. This shift reflects deteriorating technical indicators, weak financial trends, and a reassessment of valuation metrics, signalling caution for investors amid ongoing underperformance relative to benchmarks."
      }
    ],
    "total": 153,
    "sid": "1002593",
    "stock_news_url": "https://www.marketsmojo.com/news/darshan-orna-1002593"
  },
  "announcements": [
    {
      "caption": "Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2",
      "datetime": "03-Apr-2026",
      "details": "<b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px> <tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr> <td>1</td> <td>Name of Company</td> <td>Darshan Orna Ltd</td> </tr> <tr> <td>2</td> <td>CIN NO.</td> <td>L36910GJ2011PLC063745</td> </tr> <tr> <td>3</td> <td>Report filed for FY</td> <td>2025-2026</td> </tr> <tr><td colspan=3>Details of the Current block (all figures in Rs crore):</td><tr> <tr> <td>4</td> <td>2 - year block period (Specify financial years)* </td> <td>F.Y 2025-2026 2026-2027</td> </tr> <tr> <tr> <td>5</td> <td>Incremental borrowing done in FY (T)(a) </td> <td>0.00</td> </tr> <tr> <td>6</td> <td>Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a)</td> <td>0.00</td> </tr> <tr> <td>7</td> <td>Actual borrowing done through debt securities in FY (T)(c)</td> <td>0.00</td> </tr> <tr> <td>8</td> <td> Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d)</td> <td>0</td> </tr> <tr> <td>8</td><td>Quantum of (d) which has been met from (c)(e)*</td> <td>0</td> </tr><tr> <td>9</td><td> Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}*</td> <td>0</td> </tr> </table> <br/><br/><table><tr><td colspan=2><b>Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):</b></td></tr> <tr><td>2 - year Block period (Specify financial years)</td><td>F.Y 2024-2025 2025-2026</td></tr> <tr><td>Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#</td><td>0.00</td></tr> </table> <div> <br/><br/><br/> <table><tr><td>Name of the Company Secretary :-</td><td>Shivani Joshi</td></tr><tr><td>Designation :-</td><td>Company Secretary</td></tr> <tr><td>Name of the Chief Financial Officer :- </td><td>Ritesh Sheth</td></tr> <tr><td>Designation : -</td><td>CFO</td></tr></table><div> <br/> Date: 03/04/2026<br/><br/></div>",
      "source": "BSE"
    },
    {
      "caption": "Disclosures Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares & Takeovers) Regulations 2011",
      "datetime": "03-Apr-2026",
      "details": "Please find the attached annual disclosure received from promoters for the year ended 31.03.2026",
      "source": "BSE"
    },
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "03-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Darshan Orna Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L36910GJ2011PLC063745</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>NA</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>Not Applicable</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: Shivani Joshi <br/> Designation: Company Secretary <br/> EmailId: compliancingdarshan@gmail.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: Ritesh Sheth <br/> Designation: CFO <br/> EmailId: compliancingdarshan@gmail.com</div> </div> <div> <br/> Date: 03/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Darshan Orna Ltd has declared <strong>2%</strong> dividend, ex-date: 20 Aug 18",
          "dt": "2018-08-20",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Darshan Orna Ltd has announced <strong>2:10</strong> stock split, ex-date: 13 Jun 22",
          "dt": "2022-06-13",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Darshan Orna Ltd has announced <strong>11:10</strong> bonus issue, ex-date: 19 Sep 18",
          "dt": "2018-09-19",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "",
      "data": [
        {
          "txt": "Darshan Orna Ltd has announced <strong>1:1</strong> rights issue, ex-date: 31 Oct 25",
          "dt": "2025-10-31",
          "middle_text": "Rights Issue"
        }
      ]
    }
  ]
}

News and Views

Darshan Orna Ltd Downgraded to Strong Sell Amid Weak Technicals and Fundamentals

2026-05-13 08:34:29

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has been downgraded from a Sell to a Strong Sell rating by MarketsMOJO as of 12 May 2026. This revision reflects deteriorating technical indicators, weak long-term financial trends, and valuation concerns despite recent positive quarterly results. The downgrade signals heightened caution for investors amid persistent underperformance against benchmarks and bearish market signals.

Read full news article

Darshan Orna Ltd Valuation Shifts to Fair Amidst Mixed Market Performance

2026-05-04 08:01:49

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its valuation parameters shift from attractive to fair, reflecting a nuanced change in price attractiveness amid a challenging market backdrop and peer comparisons. Despite a modest recovery in its one-year return, the company’s elevated price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest investors should carefully weigh its prospects against sector peers and broader market trends.

Read full news article

Darshan Orna Ltd Valuation Shifts to Fair Amidst Mixed Market Performance

2026-04-28 08:01:46

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has experienced a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid rising price-to-earnings and price-to-book ratios, positioning the stock differently against its peers and historical benchmarks.

Read full news article

Darshan Orna Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Market Returns

2026-04-22 08:01:35

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has witnessed a notable shift in its valuation parameters, moving from a fair to an attractive rating. Despite a modest decline in share price and ongoing sector headwinds, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios now suggest improved price attractiveness relative to its historical averages and peer group, prompting a reassessment of its investment appeal.

Read full news article

Darshan Orna Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals

2026-04-07 08:35:32

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Strong Sell to Sell as of 6 April 2026. This change reflects a nuanced improvement in the company’s technical outlook, despite persistent fundamental challenges. Investors should weigh the evolving technical signals alongside the company’s financial performance and valuation metrics before making decisions.

Read full news article

Darshan Orna Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns

2026-03-31 08:26:18

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Sell to Strong Sell as of 30 March 2026. This revision reflects deteriorating technical indicators, a cautious valuation outlook, subdued financial trends, and weakening quality metrics, signalling heightened risks for investors amid challenging market conditions.

Read full news article

Darshan Orna Ltd Valuation Shifts to Fair Amidst Challenging Market Conditions

2026-03-24 08:01:53

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid a challenging industry backdrop and relative to its peers. Despite a modest day gain of 1.21%, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios suggest a more cautious stance from investors, underscoring the need for a detailed analysis of its valuation and performance metrics.

Read full news article

Darshan Orna Ltd Declines 0.40% Amid Technical Warnings and Valuation Shifts

2026-03-21 14:00:07

Key Events This Week

16 Mar: Death Cross formation signals potential bearish trend

17 Mar: Downgrade to Strong Sell by MarketsMOJO

17 Mar: Valuation grade upgraded from fair to attractive

20 Mar: Week closes at Rs.2.47 (-0.40%) vs Sensex -0.28%

Week Open

Rs.2.48

Week Close

Rs.2.47

Read full news article

Darshan Orna Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns

2026-03-17 08:34:34

Darshan Orna Ltd, a micro-cap player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Sell to Strong Sell as of 16 March 2026. This shift reflects deteriorating technical indicators, weak financial trends, and a reassessment of valuation metrics, signalling caution for investors amid ongoing underperformance relative to benchmarks.

Read full news article

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