It is among the few quality listed jewellery players, with a strong brand legacy, experienced management team, and a reputation for strictly adhering to best industry practices
Motilal Oswal recommended Neutral rating on Senco Gold with a target price of Rs 375 in its research report dated February 14, 2026.
With a sharp increase in gold prices and the consequent need for funding inventory as well as consumer shift towards branded players, the jewellery industry is witnessing increased market share gain by players like SGL
Senco Gold recorded a 51% YoY growth in the October-December quarter of the ongoing FY26.
Lab Grown Diamonds would enhance the fashion segment for Titan & enable it to retain a leadership position in the jewellery space, if the LGD market picks up meaningfully.
Goldiam has established a gold-casting facility in the US, its key market, which contributes about 90% to revenues, to mitigate the steep tariff hike imposed by the US
Motilal Oswal recommended Neutral rating on Senco Gold with a target price of Rs 375 in its research report dated November 13, 2025.
The company is doing well and gold demand is also robust. However, the stock has priced in most of the positives
The company said it has built up inventory with a diverse mix of festive and bridal collections and expects Q3 to be the strongest quarter of the year, driven by major festivals such as Dhanteras, Diwali and the peak wedding season
Stocks to watch, 09 October: Stocks like Prestige Estates Projects, Senco Gold, Container Corporation of India, Saatvik Green Energy, G R Infraprojects, Garuda Construction and Engineering ,Lupin, Escorts Kubota, EPL, Coal India, and IRCON International will be in focus on October 09.
Backed by fresh funds infusion via a rights issue as well as strong cash flow generation, TMJL has accelerated new store openings.
Senco Gold shares rose 4.76 percent to an intraday high of Rs 372 apiece on the NSE. The stock has gained nearly 10 percent over the past five sessions.
The company is adopting industry-best practices, such as 100 percent inventory hedging, building a professional management team as well as adopting to evolving consumer preferences.
The companies are now betting on 18-carat and even 9-carat pieces to sustain consumer interest as price-sensitive buyers struggle to stretch their budgets for 22-carat gold and opt for studded jewellery over plain gold pieces.
Regulatory moves and consumer preference for branded products among factors helping companies like Titan, Senco Gold, and Sky Gold
At close, the Sensex was up 9.61 points or 0.01 percent at 83,442.50, and the Nifty was up 0.30 points or 0.00 percent at 25,461.30. About 1617 shares advanced, 2294 shares declined, and 182 shares unchanged.
Senco Gold shares surged 5 percent to Rs 367 on July 7 after the jeweller posted a strong Q1FY26 business update, reporting a 28 percent jump in revenue and opening nine new stores
Stocks to Watch, 7 July: Stocks like IndusInd Bank, Bank of India, Godrej Consumer Products, Dabur India, Senco Gold, Rail Vikas Nigam, Hazoor Multi Projects, BEML, Mahindra Lifespace Developers, Shilpa Medicare, and Tata Steel will be in focus on July 7.
TMJL is among the few listed jewellery players with a strong brand, reputed management, and a growing loyal customer base
Emkay Global Financial is bullish on Senco Gold has recommended buy rating on the stock with a target price of Rs 500 in its research report dated Jun 01, 2025.
SGDL continues to gain market share led by the broadening of product offerings, exclusive designs for consumers as well as gaining new consumers both in the domestic markets as well as exports.
Q4 results impact: Senco Gold reported a 94% on-year jump in net profit to Rs 62 crore for Q4 FY25
Notwithstanding a sharp increase in gold prices, industry tailwinds, a broader product portfolio and product re-engineering are expected to sustain the growth momentum for the jewellery business.
The 10 percent import tariff by the US is likely to increase costs and have an adverse effect on discretionary demand.