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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.
India's diamond export pain is hiding a brighter story at home
India's diamond exports have declined over recent financial years. Retail giants are increasing investments in both natural and lab-grown diamonds. This domestic focus targets a growing demand from younger Indian consumers. Retailers are expanding offerings to cater to evolving preferences for lightweight jewelry. Natural diamonds continue to hold a significant position in premium portfolios.
Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update
Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27. Strong domestic demand and international growth contributed to this impressive financial performance. The launch of a gold recirculation campaign also gained significant customer traction during the quarter. Kalyan Jewellers also expanded its retail footprint by opening new showrooms and outlets.
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
P N Gadgil Jewellers clocks 41% YoY growth in Q1 revenue; retail revenue share rises to 78%
P N Gadgil Jewellers has reported 41% year-on-year (YoY) growth in revenue for the three-month period ended on 30 June 2026.
P N Gadgil Jewellers Q1 revenue jumps 41% as same-store sales surge
P N Gadgil Jewellers reported a 41% year-on-year rise in Q1 revenue, driven by a 56% jump in retail sales and 46% same-store sales growth, while reaffirming its plan to open around 25 stores in FY27
Titan share price hits new high; global brokerages give 'buy' tag to Rekha Jhunjhunwala portfolio stock post Q1 update
Titan reported a 41% YoY increase in consumer business growth for Q1 FY27, driven by strong demand across various segments. Brokerages remain positive, with CLSA and HSBC reiterating 'Buy' ratings and raising EPS estimates amid the company's expanding retail presence.
Titan shares in focus on Q1 business update; consumer business grows 41% YoY
Titan Company reported a 41% year-on-year rise in consumer businesses for the June quarter, driven by robust jewellery demand, retail expansion and strong international growth. The Tata Group firm added 77 stores during the quarter, while its jewellery, watches, eyecare and emerging businesses all posted healthy growth.
Trent shares in focus after Zudio expansion spurs 19% revenue growth in Q1
Trent's standalone revenue increased 19% YoY for the June quarter. This growth was supported by its fashion retail business and ongoing store expansion efforts. The company's retail portfolio now includes 1312 stores across various formats. Zudio stores continue to form the larger part of Trent's extensive store network. Trent's shares will be closely watched following this positive quarterly business update.
Millennium Towers: How Phoenix Mills is designing workplaces people choose
Millennium Towers in Pune offers a new vision for commercial office spaces. This development integrates business, lifestyle, and community to support modern work needs. The campus provides amenities like landscaped podiums and a fitness club for employee well-being. Co-located Phoenix Mall of the Millennium offers extensive retail and entertainment options. This project emphasizes flexible design and resilient infrastructure for businesses.
Titan Q1 Update: Co posts 41% growth in consumer business
Titan's consumer sector experienced a remarkable forty-one percent surge in the first quarter, driven by robust festival demand that significantly elevated sales in its jewellery division. The company also launched seventy-seven new stores, enhancing retail outreach. Notably, international markets such as North America and the GCC recorded impressive double-digit growth, while emerging businesses reflected a solid nineteen percent increase during this timeframe.
Senco Gold rises 6% after strong Q1 update; old gold exchange drives sales
Senco Gold said that its standalone revenue grew around 60 per cent Y-o-Y in Q1, while retail revenue increased 48 per cent and same-store sales growth stood at 38 per cent.