NK Securities purchased a significant number (128,120) of Senco Gold shares at an average price of approximately ₹323 each. This move indicates potential confidence in Senco Gold's future performance.
Senco Gold Limited
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Stock market showed a positive trend for the third consecutive day, with banks taking the lead and pushing the Nifty up to 22,968. Notable gainers include Axis Bank and HDFC Bank, which reported strong Q4 growth, while Trent and Senco saw significant surges due to robust revenue figures.
Senco Gold's shares surged 12% after a robust Q4 performance, with revenue growth of 46% YoY attributed to the wedding season demand. The company anticipates FY26 revenue to top ₹8,000 crore, signifying a 30% increase, and expects net profit to double, as per CEO Suvankar Sen.
Senco Gold experienced a significant jump in Q4 FY26 revenue, marking a 46% year-over-year increase. This growth was fueled by new showrooms, an improved Care A+ rating, and strategic focus on lightweight 9K jewelry, contributing to a 35% overall revenue growth for FY26.