PC Jeweller Share Price Falls 8%, Senco Gold, Thangamayil, PNG Jewellers Rise on Robust Q1 Business Update

Jewellery stocks traded mixed on Monday as investors reacted to the latest June-quarter business updates from leading retailers. PC Jeweller emerged as the biggest laggard, falling more than 8% after last week's sharp rally, while Senco Gold extended gains following its strong quarterly sales update.

Jewellery Stocks Today: PC Jeweller Crashes 8%, Senco Gold Gains After Q1 Updates

The divergent moves suggest that while investors continue to favour companies delivering healthy operational growth, profit booking also remained evident in stocks that had rallied sharply ahead of the announcements.

PC Jeweller Share Price Today on NSE

Among the major listed jewellery companies, PC Jeweller witnessed the steepest decline.

At 2:33 PM, PC Jeweller shares were trading at Rs 9.45, down 8.25% after losing Rs 0.85 during the session. The stock opened at Rs 10.45, touched an intraday high of Rs 10.46, before slipping to a low of Rs 9.32.

Why Did PC Jeweller Share Price Fall Today?

The decline in PC Jeweller came despite the company reporting a healthy business update, indicating that investors opted to book profits after Friday's rally.

The company announced a 21% year-on-year increase in consolidated revenue for the June quarter and said it expects to become debt-free during the current quarter. It also stated that borrowings have been reduced by more than 90% since its lender agreement in September 2024, including a further 24% reduction during the April-June quarter.

Senco Gold Share Price Today on NSE

Meanwhile, Senco Gold remained in positive territory. At 2:38 PM, the stock traded at Rs 329.25, up 0.98% or Rs 3.20. It opened at Rs 339.25, hit an intraday high of Rs 348.50, and later eased to Rs 327.75.

P N Gadgil Jewellers (PNG Jewellers) also traded with gains. At 2:42 PM, the stock was up 1.88% at Rs 580.05, after moving between Rs 565.35 and Rs 583.15 during the session.

Thangamayil Jewellery also remained firm. At 2:43 PM, the stock traded 1.92% higher at Rs 6,277.50, after opening at Rs 6,152.50 and touching an intraday high of Rs 6,332.50.

Despite the positive update, the stock witnessed selling pressure after its recent gains.

Why Is Senco Gold Share Price Rising?

Senco Gold attracted buying interest after reporting stronger-than-expected business growth for the June quarter.

The company said standalone revenue increased around 60% year-on-year, supported by festive demand during Akshaya Tritiya, Poila Baisakh, Baisakhi and Bihu, along with the summer wedding season.

Retail revenue grew 48%, while same-store sales growth reached 38%, indicating healthy demand across existing stores.

However, the company also cautioned that elevated gold prices, the increase in customs duty from 6% to 15%, and aggressive discounting across the industry could put pressure on profit margins despite healthy sales.

PNG Jewellers Share Price Today

P N Gadgil Jewellers (PNG Jewellers) also traded in positive territory, reflecting steady investor confidence in organised jewellery retailers. At 2:42 PM, the stock was trading at Rs 580.05, up 1.88% or Rs 10.70. It opened at Rs 570.00, climbed to an intraday high of Rs 583.15, and slipped to a low of Rs 565.35 during the session.

Thangamayil Jewellery Share Price Today

Thangamayil Jewellery also remained in focus on Monday, with the stock trading higher amid continued investor interest in jewellery companies. At 2:43 PM, shares were trading at Rs 6,277.50, up 1.92% or Rs 118.00 for the day. The stock opened at Rs 6,152.50, touched an intraday high of Rs 6,332.50 and slipped to a low of Rs 6,135.00.

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