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SENCO GOLD ACQUISITION
Senco Gold to acquire 68 per cent stake in August Jewellery for Rs 68 croreThe investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions,...
Q1 surprise sends jewellery stocks shining 40% in a month. Will the surge last in next quarters?Indian jewellery stocks saw a 40% surge after strong June quarter business updates. Resilient demand and a shift to organized players suppo...
The Gold Standard: How a Bootstrapped Company Outlasted Every Funded Rival in India’s Goldtech BoomAugmont Enterprises has quietly established India's most comprehensive gold platform. Unlike well-funded rivals that faltered, Augmont focu...
Senco Gold shares in focus after deal to acquire 68% stake in MelorraSenco Gold is set to acquire a 68% stake in Melorra’s parent for Rs 68 crore, strengthening its digital and omnichannel presence. The move ...
Senco Gold to acquire 68% stake in online jewellery brand Melorra for Rs 68 croreSenco Gold is set to acquire a significant stake in Melorra. This strategic move aims to boost Senco Gold's online presence and reach young...
Senco Gold to acquire 68% stake in Melorra parent for Rs 68 croreSenco Gold Limited has approved an investment of Rs 68 crore to acquire a 68% stake in August Jewellery Private Limited, the parent company...
Tata Consumer Products shares surge 8% on Goldman Sachs upgrade, target hiked to Rs 1,200Tata Consumer Products shares: Tata Consumer Products shares rose 8% to Rs 1,073.15 on the NSE after Goldman Sachs upgraded the stock to a ...
Shriram Finance shares in focus after RBI approves 100% stake acquisition in Shriram Investments HoldingsShriram Finance shares: The central bank has approved the appointment of Umesh Revankar, Executive Vice Chairman, and Parag Sharma, Managin...
Aditya Birla Real Estate shares in focus after Rs 3,498-crore sale of Century Pulp and Paper to ITCAditya Birla Real Estate Ltd (ABREL) approved the sale of its pulp and paper business in Lalkuan, Uttarakhand, to ITC Ltd for Rs 3,498 cror...
Jewellery business shift to organised market: What's the way to do it?The jewellery sector in India is experiencing a shift towards formalisation, with the organised market growing rapidly. Players need to foc...
Senco Gold Q4 Results: PAT rises 24% YoY to Rs 32 crore; revenue jumps 40%Senco Gold, a listed jewellery company, experienced a significant boost in its net profit during the fourth quarter of FY24, thanks to the ...
Stocks in news: ITC, Vodafone Idea, IndiGo, ZEE, InfosysITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore. The net profit was...
Stocks in news: Angel One, Wipro, Senco Gold, Bandhan Bank, Tata MetaliksAngel One's consolidated net profit rose 22% to Rs 221 crore for the quarter ended June. Revenue from operations for the first quarter were...
Senco Gold IPO price band announced at Rs 301-317Kolkata-based Senco Gold has announced the price range for its upcoming IPO at Rs 301-317. Investors can subscribe to at least one lot of 4...
20% of Titan's fair value at risk, says ICICI Securities: Here's why"Gold price premium charged by Tanishq in top 9 cities has reduced by about 50% (to 1-3%) due to the rise in competitive intensity from nat...
Silver demand soars as price down 19% in 2015“Unlike in the past, consumers see a resale value for silver, whether jewellery, artefacts and investment products such as coins and bars,”...