Senco Gold Ltd Reports Strong Q2 and H1 FY26 Performance, Achieves Record Dhanteras Sales
Senco Gold Ltd posts robust growth in Q2 and H1 FY26, driven by record Rs 1,700+ crore Dhanteras sales, strong showroom expansion, higher stud ratio, and improved profitability despite volatile gold prices.
Kalyan Jewellers Accelerates National Expansion with Capital-Light FOCO Model
Kalyan Jewellers is set to deepen its presence in non-South markets by expanding through a franchise-owned company-operated model, focusing on capital efficiency, debt reduction, and overseas growth, including the US.
PNGS Gargi Fashion Jewellery Marks 100th Store Milestone with New Openings in Patna and Mumbai
PNGS Gargi Fashion Jewellery Ltd., the silver jewellery brand from P N Gadgil & Sons, has reached a landmark milestone with the opening of its 100th store. The company inaugurated two new outlets in Patna and Kurla (Mumbai), underscoring its rapid retail expansion across India.
PNGS Gargi Fashion Jewellery Posts Strong Q1 FY26 Results with 20.4% Surge in Sales
PNGS Gargi Fashion Jewellery Ltd posted strong results for the first quarter of FY26, with sales rising 20.4% year-on-year to Rs. 27.31 crore. Net profit also grew 29.3% to Rs. 5.31 crore, up from Rs. 4.11 crore in the previous quarter
Kalyan Jewellers to Open 170 Franchise Stores in Major Expansion Drive, Targets Debt Reduction
In a bold move to accelerate growth while trimming debt, Kalyan Jewellers has announced plans to open 170 new stores in FY 2025–26, leveraging the franchise model for both domestic and overseas expansion.
Weakening US Dollar Drives Gold Prices Higher in 2025
Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.
Kalyan Jewellers Shares Surge 9%; MOFSL Predicts 42% Upside
Kalyan Jewellers India Ltd shares surged 9.31% on Friday, driven by robust December quarter results
Gold Jewellery Demand Expected to Grow 14-18% in FY25: ICRA Report
The ICRA report projects a robust 14-18% year-on-year growth in India’s gold jewellery consumption for FY25, driven by factors like the customs duty cut, festive demand, and rural income boost. Organised retailers are expected to lead the growth with network expansions and rising consumer preference for branded jewellery
Diamond Polishing Sector Set to Hit Decade Low with 25-27% Sales Dip: CRISIL Report
India’s natural diamond polishing industry is bracing for a steep revenue decline of 25-27% this fiscal year, reaching a decade-low of $12 billion, according to a recent CRISIL report
PN Gadgil Jewellers IPO Sees Strong Demand on Day 2, Subscribed 2.23 Times
PN Gadgil Jewellers Ltd, a well-known jewelry retail chain based in Maharashtra, is experiencing significant demand for its initial public offering (IPO), with the issue being subscribed 2.23 times by the second day of bidding
P N Gadgil Jewellers Set to Launch Rs.1,100 Crore IPO on Tuesday, September 10, 2024
P N Gadgil Jewellers, one of Maharashtra's leading organised jewellery players, is set to launch its Initial Public Offering (IPO) from September 10 to 12, 2024
P N Gadgil Jewellers Receives SEBI Approval for IPO
P N Gadgil Jewellers Ltd has received the green light from the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO) worth Rs 1,100 crore, paving the way for significant expansion and debt repayment plans.
PC Jeweller Secures One Time Settlement with PNB Amidst Financial Turmoil
PC Jeweller, grappling with significant financial challenges, announced a pivotal development as it received approval from Punjab National Bank (PNB) for its One Time Settlement (OTS) proposal
RBI's Gold Reserves Surge by 27.46 Metric Tonnes in FY24
The Reserve Bank of India (RBI) witnessed a notable expansion in its gold reserves during the fiscal year 2024, with an increase of 27.46 metric tonnes reported by the end of March
GIA Creates High School Scholarship Program
The Gemological Institute of America (GIA) opens its Spring scholarship application cycle from March 1st to 31st, 2024, allocating up to $2 million to support student tuition. This cycle introduces the GIA Aspire Scholarship as a new initiative

