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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "2.68",
    "chg": 0.01,
    "chgp": "0.37%",
    "dir": 1,
    "prev_price": "2.67",
    "mcapval": "27.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 539884,
    "symbol": "",
    "ind_name": "Gems, Jewellery And Watches",
    "ind_code": 37,
    "indexname": "",
    "isin": "INE671T01028",
    "curr_date": "Feb 10",
    "curr_time": "",
    "bse_nse_vol": "92.88 k",
    "exc_status": "Active",
    "traded_date": "Feb 10, 2026",
    "traded_date_str": "2026 02 10",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "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 Sell Amid Weak Technicals and Long-Term Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-downgraded-to-sell-amid-weak-technicals-and-long-term-fundamentals-3830105",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/DarshanOrnaLtd_mojoScore_3830105.png",
        "date": "2026-02-10 08:39:59",
        "description": "Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 9 February 2026. This adjustment reflects a combination of deteriorating technical indicators, weak long-term financial fundamentals, and underwhelming valuation metrics despite some recent positive quarterly performance. The company’s Mojo Score now stands at 40.0, signalling caution for investors amid a challenging market environment."
      },
      {
        "title": "Darshan Orna Ltd Upgraded to Hold as Technicals Improve Amid Mixed Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-upgraded-to-hold-as-technicals-improve-amid-mixed-financials-3817379",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/DarshanOrnaLtd_mojoScore_3817379.png",
        "date": "2026-02-03 08:17:49",
        "description": "Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 2 February 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, and recent financial trends, despite lingering concerns over long-term fundamentals and profitability. The stock’s recent price movement and operational performance have prompted analysts to reassess its outlook, signalling cautious optimism for investors."
      },
      {
        "title": "Darshan Orna Ltd Downgraded to Sell Amid Weak Fundamentals and Technical Setbacks",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-downgraded-to-sell-amid-weak-fundamentals-and-technical-setbacks-3806846",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/DarshanOrnaLtd_mojoScore_3806846.png",
        "date": "2026-01-28 08:23:07",
        "description": "Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 27 January 2026. This change reflects a combination of deteriorating technical indicators, weak long-term fundamentals, and underwhelming financial trends despite some recent positive quarterly results. The company’s current Mojo Score stands at 34.0, with a Sell grade, signalling caution for investors amid ongoing challenges."
      },
      {
        "title": "Darshan Orna Ltd Upgraded to Hold as Technicals Improve Amid Mixed Financials",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-upgraded-to-hold-as-technicals-improve-amid-mixed-financials-3795503",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/DarshanOrnaLtd_mojoScore_3795503.png",
        "date": "2026-01-20 08:27:54",
        "description": "Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 19 January 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, and recent financial trends, despite persistent challenges in long-term fundamentals and profitability. The upgrade signals cautious optimism among investors amid mixed signals from the company’s operational performance and market behaviour."
      },
      {
        "title": "Darshan Orna Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-ltd-is-rated-hold-3770848",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DarshanOrnaLtd_mojoScore_3770848.png",
        "date": "2025-12-26 15:13:38",
        "description": "Darshan Orna Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 16 Dec 2025. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 26 December 2025, providing investors with the most up-to-date view of the company's performance and prospects."
      },
      {
        "title": "Darshan Orna Valuation Shifts Amid Gems and Jewellery Sector Dynamics",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/darshan-ornas-valuation-shifts-to-fair-a-detailed-market-analysis-3763278",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DarshanOrna_valuationdot_3763278.png",
        "date": "2025-12-19 08:01:00",
        "description": "Darshan Orna, a player in the Gems, Jewellery and Watches sector, has experienced a notable shift in its valuation parameters, reflecting changes in market assessment and investor sentiment. This article analyses the recent adjustments in key financial metrics such as price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical trends and peer benchmarks to provide a comprehensive view of the stock's price attractiveness."
      },
      {
        "title": "Darshan Orna Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/darshan-orna-upgraded-from-sell-to-hold-by-marketsmojo-on-27-nov-2025-3750533",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DarshanOrna_mojoScore_3750533.png",
        "date": "2025-12-08 10:10:51",
        "description": "Darshan Orna, a microcap player in the Gems, Jewellery and Watches sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. This adjustment comes amid a backdrop of mixed performance indicators, including recent sales growth and ongoing challenges in profitability and long-term fundamentals."
      },
      {
        "title": "Why is Darshan Orna falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-darshan-orna-fallingrising-3736225",
        "imagepath": "",
        "date": "2025-11-29 00:59:53",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Darshan Orna’s share price decline on 28-Nov comes amid a broader trend of underperformance relative to the benchmark Sensex and its sector. Over the past week, the stock has dropped by 5.85%, while the Sensex gained 0.56%. This divergence highlights investor caution towards the company despite a modest 2.00% gain over the last month, which slightly outpaced the Sensex’s 1.27% rise during the same period.</p>\n<p>Year-to-date, the stock remains down by 6.09%, contrasting sharply with the Sensex’s robust 9.68% gain. Over longer horizons, the underperformance is even more pronounced, with the stock falling 35.15% in the past year against an 8.43% rise in the Sensex, and a 34.74% decline over five years compared to the Sensex’s 94.13% surg..."
      },
      {
        "title": "How has been the historical performance of Darshan Orna?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-darshan-orna-3734105",
        "imagepath": "",
        "date": "2025-11-27 22:44:55",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Darshan Orna's net sales have demonstrated a generally upward trend since 2019, with notable fluctuations. The company recorded net sales of ₹9.28 crores in March 2019, which dipped and surged intermittently, reaching ₹21.69 crores by March 2025. The period between March 2021 and March 2023 saw a significant jump from ₹6.02 crores to ₹13.10 crores, indicating a recovery phase. However, the sales figure in March 2020 was an outlier at ₹18.14 crores, followed by a dip in 2021.</p>\n<p>Despite the growth in sales, Darshan Orna's operating profit margin excluding other income has been inconsistent, with negative margins in recent years. For instance, the margin was -0.83% in March 2025 and -1.29% in March 2024, contrasting with a positive margin of..."
      }
    ],
    "total": 139,
    "sid": "1002593",
    "stock_news_url": "https://www.marketsmojo.com/news/darshan-orna-1002593"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for Declaration Of Unaudited Financial Results",
      "datetime": "07-Feb-2026",
      "details": "Darshan Orna Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 inter alia to consider and approve 1. To consider and approve the Limited Review Report and Unaudited Standalone Financial Results of the Company for the Quarter and Nine months ended December 31 2025. 2. Any other business if required with the permission of the Chair.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "06-Jan-2026",
      "details": "In compliance with Regulation 74(5) of SEBI (DP) Regulations 2018 we hereby submit the certificate received from RTA for the quarter ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "29-Dec-2025",
      "details": "The trading window for dealing in the shares of the company Darshan Orna Limited for all Directors KMP designated employees other connected persons and their immediate relatives will be closed from January 01 2026 till the end of 48 hours after the declaration of unaudited standalone financial results for the quarter and nine months ended 31st December 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "",
      "data": [
        {
          "title": "BOARD MEETING",
          "txt": "14 Feb 2026"
        }
      ]
    },
    {
      "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 Sell Amid Weak Technicals and Long-Term Fundamentals

2026-02-10 08:39:59

Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 9 February 2026. This adjustment reflects a combination of deteriorating technical indicators, weak long-term financial fundamentals, and underwhelming valuation metrics despite some recent positive quarterly performance. The company’s Mojo Score now stands at 40.0, signalling caution for investors amid a challenging market environment.

Read full news article

Darshan Orna Ltd Upgraded to Hold as Technicals Improve Amid Mixed Financials

2026-02-03 08:17:49

Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 2 February 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, and recent financial trends, despite lingering concerns over long-term fundamentals and profitability. The stock’s recent price movement and operational performance have prompted analysts to reassess its outlook, signalling cautious optimism for investors.

Read full news article

Darshan Orna Ltd Downgraded to Sell Amid Weak Fundamentals and Technical Setbacks

2026-01-28 08:23:07

Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating downgraded from Hold to Sell as of 27 January 2026. This change reflects a combination of deteriorating technical indicators, weak long-term fundamentals, and underwhelming financial trends despite some recent positive quarterly results. The company’s current Mojo Score stands at 34.0, with a Sell grade, signalling caution for investors amid ongoing challenges.

Read full news article

Darshan Orna Ltd Upgraded to Hold as Technicals Improve Amid Mixed Financials

2026-01-20 08:27:54

Darshan Orna Ltd, a player in the Gems, Jewellery and Watches sector, has seen its investment rating upgraded from Sell to Hold as of 19 January 2026. This change reflects a nuanced improvement across technical indicators, valuation metrics, and recent financial trends, despite persistent challenges in long-term fundamentals and profitability. The upgrade signals cautious optimism among investors amid mixed signals from the company’s operational performance and market behaviour.

Read full news article

Darshan Orna Ltd is Rated Hold

2025-12-26 15:13:38

Darshan Orna Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 16 Dec 2025. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the stock's current position as of 26 December 2025, providing investors with the most up-to-date view of the company's performance and prospects.

Read full news article

Darshan Orna Valuation Shifts Amid Gems and Jewellery Sector Dynamics

2025-12-19 08:01:00

Darshan Orna, a player in the Gems, Jewellery and Watches sector, has experienced a notable shift in its valuation parameters, reflecting changes in market assessment and investor sentiment. This article analyses the recent adjustments in key financial metrics such as price-to-earnings (P/E) and price-to-book value (P/BV) ratios, comparing them with historical trends and peer benchmarks to provide a comprehensive view of the stock's price attractiveness.

Read full news article

Darshan Orna Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-08 10:10:51

Darshan Orna, a microcap player in the Gems, Jewellery and Watches sector, has experienced a revision in its market evaluation reflecting nuanced shifts across key financial and technical parameters. This adjustment comes amid a backdrop of mixed performance indicators, including recent sales growth and ongoing challenges in profitability and long-term fundamentals.

Read full news article

Why is Darshan Orna falling/rising?

2025-11-29 00:59:53

Recent Price Movement and Market Context

Darshan Orna’s share price decline on 28-Nov comes amid a broader trend of underperformance relative to the benchmark Sensex and its sector. Over the past week, the stock has dropped by 5.85%, while the Sensex gained 0.56%. This divergence highlights investor caution towards the company despite a modest 2.00% gain over the last month, which slightly outpaced the Sensex’s 1.27% rise during the same period.

Year-to-date, the stock remains down by 6.09%, contrasting sharply with the Sensex’s robust 9.68% gain. Over longer horizons, the underperformance is even more pronounced, with the stock falling 35.15% in the past year against an 8.43% rise in the Sensex, and a 34.74% decline over five years compared to the Sensex’s 94.13% surg...

Read full news article

How has been the historical performance of Darshan Orna?

2025-11-27 22:44:55

Revenue and Profitability Trends

Darshan Orna's net sales have demonstrated a generally upward trend since 2019, with notable fluctuations. The company recorded net sales of ₹9.28 crores in March 2019, which dipped and surged intermittently, reaching ₹21.69 crores by March 2025. The period between March 2021 and March 2023 saw a significant jump from ₹6.02 crores to ₹13.10 crores, indicating a recovery phase. However, the sales figure in March 2020 was an outlier at ₹18.14 crores, followed by a dip in 2021.

Despite the growth in sales, Darshan Orna's operating profit margin excluding other income has been inconsistent, with negative margins in recent years. For instance, the margin was -0.83% in March 2025 and -1.29% in March 2024, contrasting with a positive margin of...

Read full news article

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