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Aukera raises ₹90 crore debt funding to expand lab-grown diamond jewellery business
In a significant move, lab-grown diamond brand Aukera raised ₹90 crore in debt financing, spearheaded by Alteria Capital. This influx of capital is earmarked for enhancing retail presence and advancing product innovation. Aukera's strategy includes opening additional outlets in both familiar and new cities, as the company targets the upscale segment of the booming market, ensuring a robust balance sheet for upcoming industry shifts.
Bonus issue alert! Last day to buy Goldiam International shares for 1:3 bonus reward. Do you own?
Diamond jewellery maker and exporter Goldiam International has fixed July 10 (Friday) as the record date for its 1:3 bonus issue, effectively marking today the last chance for interested investors to buy shares of the company to be eligible for the bonus reward.
Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal year
Senco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 208 outlets. The company reported a robust 60% year-on-year revenue growth, driven by strong festive demand and a 38% rise in same-store sales. Despite challenges like higher gold prices and increased customs duty, Senco's diamond jewellery segment showed impressive growth, with plans to further expand through franchising.
Coloured gemstones prices rise 20% as demand surges; gold, silver prices decline
Coloured gemstone jewellery is seeing a surge in popularity, with prices rising 20% year-on-year as affluent consumers favour these vibrant pieces over traditional gold and diamond items. This trend, driven by global influences and celebrity endorsements, has boosted demand by 30%, prompting jewellers to expand their inventories for the upcoming festive and wedding seasons.
Diamonds shine as gold buyers adapt to price volatility
As Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya brand reports an uptick in diamond-studded items, alongside an increase in old gold exchanges. Meanwhile, Aditya Birla Jewellery is shifting its focus from the classic 4Cs to sparkle, aiming to resonate with the younger audience eager for fresh trends.
PNGS Reva Diamond Jewellery standalone net profit rises 350.74% in the March 2026 quarter
Sales rise 138.94% to Rs 138.13 crore
PNGS Gargi Fashion Jewellery slumps as Q4 PAT slides 52% QoQ to Rs 5 cr
Shares of PNGS Gargi Fashion Jewellery tanked 4.90% to Rs 903.95 due to weak sequential performance.
PNGS Gargi Fashion Jewellery standalone net profit rises 25.06% in the March 2026 quarter
Sales rise 30.41% to Rs 29.59 crore
Multiples, Warburg among PE giants in race for $100-mn Giva stake
Giva’s fundraise comes amid rapid growth in India’s jewellery market, particularly the lab-grown diamond segment, valued at $300–350 million in 2024 and expected to grow at a 15% CAGR over the next decade, according to Redseer.
India's gems, jewellery exports dip 35 per cent in March on US-Iran conflict: GJEPC
India's gems and jewellery exports saw a significant drop in March, largely due to the West Asia conflict impacting logistics and insurance costs. Despite this setback, the industry is exploring opportunities to become a rough diamond trading hub. While demand weakened in some key markets, other regions provided support. The council anticipates a recovery as geopolitical tensions ease.
Akshaya Tritiya: Jewellery demand may stay resilient as buyers turn value-conscious, say experts
Akshaya Tritiya on April 19 is set to bring steady to strong jewellery demand in India, with planned design led purchases, growth in lightweight, premium and lab grown diamond segments.
PNGS Gargi Fashion Jewellery surges after strong Q4 business update
PNGS Gargi Fashion Jewellery rallied 3.51% to Rs 873.95 after the company's revenue from operations jumped 30.27% to Rs 29.55 crore in Q4 FY26, compared with Rs 22.68 crore in Q4 FY25.