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Senco Gold shares soar 11% on robust Q4 business update as wedding, festive demand boost sales
Senco Gold shares surged following a strong business update. The company reported significant revenue growth in the fourth quarter and full fiscal year. This performance was fueled by wedding season demand and new store openings. Senco also focused on product innovation and digital initiatives. The company anticipates continued growth driven by upcoming festivals and expansion plans.
Senco Gold Q4 update: Revenue surges 46% YoY on wedding demand despite volatile gold prices
For the full financial year FY26, Senco Gold reported a 35% YoY increase in revenue, an acceleration compared to 21% growth recorded in FY25.
Right policies can help bring idle household gold into the market
Indians hold significant idle gold. Unlocking this gold could ease economic pressure by reducing reliance on imports. A two-year-old brand, Indriya Aditya Birla Jewellery, sees increased gold exchange contributing to sales. The company focuses on design and quality, catering to women of all ages. Indriya also plans to expand its natural diamond business, seeing growth potential in the Indian market.
'Consistent Compounder' insurance stock can rise another 24%, Motilal Oswal says
SBI Life has been a consistent compounder, with annualised premium equivalent growth at a compound annual growth rate of 15% between FY20 and FY25, compared to 6% for the overall industry.
Columbia Large Cap Growth ETF Shares (REGS) - Investing.com India
Columbia Large Cap Growth ETF Shares (REGS)Investing.com India
Malabar Gold to open 20 new showrooms by month-end at Rs 1,580 cr investment
Malabar Gold & Diamonds is launching 20 new showrooms by the end of this month. This expansion involves an investment of Rs 1,580 crore. The company expects to create over 725 new job opportunities. This move signifies a strong belief in India's growth potential. The new showrooms will be located across various cities in India.
Opportunities in volatility? PL Wealth highlights market strategy as Sensex, Nifty drop nearly 9% in one month
Markets have fallen nearly 9% in a month amid geopolitical tensions, but PL Capital’s wealth arm sees volatility as an opportunity. It advises gradual investing in quality stocks, with focus on financials, infrastructure and defensives, while maintaining diversification and gold exposure to navigate near-term uncertainty and capture long-term growth.
Touchstone Large Company Growth ETF (TLG) - Investing.com India
Touchstone Large Company Growth ETF (TLG)Investing.com India
Cement capacity race with Birla group may ease as Adani shifts focus to margins
The rivalry between the Adani Group and the Aditya Birla Group’s UltraTech Cement Ltd has resulted in rapid manufacturing capacity expansion. In the last three-and-a-half years, the two conglomerates have added nearly 120 mtpa of cement manufacturing capacity between them.
Hindalco halts production of extruded aluminium products due to Iran war
The Aditya Birla Group-owned metals producer declared force majeure to all of its extruded aluminium customers on March 11, the notice showed.
Too early to see shift from equities to FDs: Federal Bank CEO KVS Manian
Speaking to CNBC-TV18 on the sidelines of the 21st India Business Leader Awards, KVS Manian, MD and CEO of Federal Bank, said it is too early to see investors moving money from equities back to fixed deposits. A Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, added that mutual fund investors continue to see healthy three- and five-year returns, helping keep inflows steady despite recent market volatility.
Shriram Life aims for 20 pc growth in FY26 despite regulatory changes: CEO
Shriram Life Insurance is gearing up for a significant leap, projecting a robust 20% growth by the fiscal year 2025-26. To enhance its footprint in the market, the company is forging new alliances with banks, broadening its distribution avenues. This pivotal strategy marks a shift from their prior emphasis on direct distribution methods.