Senco Gold shares gain 6% on strong Q2 business update; revenue rises 31% YoY
Senco Gold shares rose after the jewellery retailer reported a strong Q2FY27 business update. The company said demand remained robust, driven by festive buying, steady jewelleryconsumption and risingpreference for lightweight jewellery, despite elevated and volatile gold prices.
Senco Gold experienced a 6% increase in its shares, reaching Rs 339.80, after unveiling robust financial results for Q2FY27. The jewellery retailer reported a 31% year-on-year (YoY) rise in revenue, driven by strong consumer demand during the quarter and half-year period ending September 30, 2026. The boost was attributed to festive spending, the enduring nature of jewellery consumption, and an increasing preference for lightweight jewellery, despite the challenges posed by high and volatile gold prices.
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