Senco Gold Ltd. News and Updates

Name: Latest research reports of Senco Gold Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Senco Gold Ltd.
Rating: 3
Author: Motilal Oswal

Keep track of all breaking news on Senco Gold Ltd. from all sources in a single place.

Senco Gold Ltd.

18 Mar 2025

386.40

-2.30%

Senco Gold share price hits upper circuit as promoter raises stake amid soaring yellow metal rates

livemint

Senco Gold share price has fallen 27% in one month and has dropped more than 55% on a year-to-date (YTD) basis. Over the past six months, Senco Gold stock price has declined 60%, while it has plunged 34% in one year.

Senco Gold Ltd. is trading below its 100 day SMA of 432.0

Senco Gold Ltd.

14 Feb 2025

386.40

-2.30%

to see Rapid results content

Senco Gold Ltd.

14 Feb 2025

386.40

-2.30%

Disappointing quarter!

Neutral: Senco Gold Ltd.

Motilal Oswal

SENCO delivered consolidated revenue growth of 27% YoY to INR21.0b (in line) in 3QFY25, with an SSSG of 16%. The growth was driven by strong festive demand, and the healthy demand trend continued into Jan’25.

Senco Gold Ltd. has an average target of 400.00 from 3 brokers.

Senco Gold Ltd.

14 Nov 2024

386.40

-2.30%

Growth outlook stable; miss on margins

Buy: Senco Gold Ltd.

Target

Motilal Oswal

SENCO delivered consolidated revenue growth of 31% YoY to INR15.0b (in line) in 2QFY25. SSSG was at 20% (vs. 4% in 1QFY25, 19% in 2QFY24).

Senco Gold Ltd. is trading above its 50 day SMA of 329.1

Senco Gold Ltd.

17 Sep 2024

386.40

-2.30%

Outperformance should bridge valuation discount vs peers; BUY

Buy: Senco Gold Ltd.

Target

Emkay

We see significant re-rating scope for Senco, helped by our expectations of a strong pick-up/SSG outperformance in Q2 and valuation discount vs P N Gadgil (PNG) after its ~70% listing gain.

Senco Gold Ltd. has lost -39.35% in the last 6 Months

Senco Gold Ltd.

15 Aug 2024

386.40

-2.30%

Q2TD sees strong pent-up demand after muted Q1; BUY

Buy: Senco Gold Ltd.

Target

Emkay

Senco reported a big beat to our Q1 EBITDA/PAT estimates led by better gross margin (up by ~500bps YoY). The sudden spike in gold price and operating challenges led to a modest retail revenue growth of 11% in Q1.

Senco Gold Ltd. has gained 14.12% in the last 1 Week

Senco Gold Ltd.

15 Aug 2024

386.40

-2.30%

Better margin delivery in tough quarter

Buy: Senco Gold Ltd.

Motilal Oswal

SENCO’s consolidated revenue grew 8% YoY to INR14,039m (est. INR15,469m) in 1QFY25.

Senco Gold Ltd. is trading below its 100 day SMA of 432.0

Senco Gold Ltd.

13 Aug 2024

386.40

-2.30%

Senco Gold Q1 results: Net profit up 85% at Rs 51 cr on higher revenue

Business Standard

Senco Gold Ltd reported a net profit of Rs 51.27 crore for the first quarter of the current fiscal (April-June 2024), marking an 85.4 per cent increase on the back of higher revenue. The Kolkata-based gold and diamond jewellery chain saw a 7.5 per cent year-on-year growth in consolidated revenue, reaching Rs 1,403.89 crore for the quarter ended June 30. The company's EBITDA surged by 61.8 per cent to Rs 108.74 crore during the quarter, the company informed bourses. The jewellery retailer expanded its footprint by opening six new showrooms, bringing its total count to 165, including one in Dubai. Retail sales grew 9.6 per cent year-on-year, while same-store sales growth stood at 4 per cent. Senco Gold MD and CEO Suvankar Sen said, To enhance domestic value addition in gold and precious metal jewellery, the government of India has reduced customs duties on gold and silver to 6 per cent, and on platinum to 6.4 per cent from the earlier 15 per cent." He said, "This reduction is expect