Pune’s PN Gadgil Jewellers may shine brighter as time passes

Pune’s PN Gadgil Jewellers may shine brighter as time passes

ET Intelligence Group: Pune-based PN Gadgil Jewellers is the second-largest organised jewellery retail player in Maharashtra run by the sixth generation of the jeweller family. The company is raising ₹1,100 crore through an IPO comprising a fresh issue of ₹850 crore and the rest being an offer for sale wherein the promoter is diluting its … Read more

senco gold share price: Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

senco gold share price: Higher gold prices to impact volume 15-20%; diamond jewellery, making charges helping margins: Senco Gold MD

Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and … Read more

gold: Setback or blip? Decoding jewellery stocks’ underperformance as gold hits fresh lifetime highs

gold: Setback or blip? Decoding jewellery stocks’ underperformance as gold hits fresh lifetime highs

While gold has been treading a path of glory hitting fresh lifetime highs on a regular basis since the beginning of March, the performance of jewellery stocks have been less than inspiring. A data on 18 jewellery stocks with a market cap of Rs 100 crore or more, analysed by ETMarkets, showed that 15 stocks … Read more