1 day ago

Senco Gold Shares Rise 7% on Strong Q3 Outlook

Senco Gold is a jewellery company in India.

Its shares rose 7% in early trading.

The company expects more people to buy jewellery in the next quarter.

Festivals and weddings may help bring in more shoppers.

The article says about 1.35 crore weddings are expected in India in 2026.

The company also reported that its retail revenue grew 29% in Q2 compared with a year earlier.

Sales at existing stores grew 19%.

The article says Senco had its highest revenue in the first half, but does not provide the amount.

Key facts

Share movement: Shares rose 7% in early trading, according to the headline.
Q3 outlook: The company expects robust seasonal demand in Q3 FY27.
Expected weddings: Around 1.35 crore weddings are expected in India in calendar year 2026.
Q2 retail revenue growth: 29% year over year.
Same-store sales growth: 19% in Q2.
First-half revenue: The headline describes it as the company’s highest revenue in H1; no figure is provided.
Products: The company sells gold and diamond jewellery, as well as jewellery made from other metals and materials.

businesstoday.in · 1 day ago