Shares of jewellery stocks such as Senco Gold, Titan and Kalyan Jewellers surged up to 14% in early morning trade on Wednesday, January 7, following the release of their business updates for the third quarter of the financial year 2025-26 (Q3FY26).
Senco Gold
Senco Gold, whose shares surged the most, posted an encouraging growth of 51% year-on-year (YoY) amid festive buying. It said that the TTM revenue has already reached ~ ₹8000 crore, reflecting consistent YoY growth, loyal customer base and brand positioning.
The company also tapped new areas by opening four stores across four different states. Senco said it is firmly on course to achieve the annual target of 20 new showroom openings for FY26. So far in the first nine months of FY26, it has launched 11 franchises and 5 company-owned stores. It expects to launch another three to four showrooms under the COCO and FOCO models.
“We are thus confident of achieving 25%+ YoY growth for FY26, riding on 31% YoY in 9 months so far,” it added.
Kalyan Jewellers
The company, in an exchange filing on Tuesday evening, said that Q3 was “very encouraging” as the company recorded consolidated revenue growth of 42% YoY, driven by festive demand. The company stated that demand during the period following Diwali also remained robust, despite volatility in gold prices.
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