PN Gadgil Jewellers shares rally 5% after record Rs 139.53 crore Akshaya Tritiya sales in FY25
By Aman Shukla Published on May 5, 2025, 09:57 IST
Shares of PN Gadgil Jewellers surged 5% after the company reported record-breaking festive sales of ₹139.53 crore on Akshaya Tritiya for the financial year 2025-26, marking a 35% increase from ₹103.26 crore in the previous year.
The gold segment led in value, contributing significantly with a 34% year-on-year growth, followed by diamonds at 23% and silver at a remarkable 114%. Despite soaring gold prices—up nearly 31% year-over-year—the company saw a modest 1.46% rise in gold volume, from 120.24 kg in FY24-25 to 122 kg in FY25-26.
The diamond segment saw a 31% rise in volume, reflecting strong demand. Silver posted the highest growth in both value and volume, jumping 90% in volume, highlighting a shift in consumer buying patterns toward more affordable precious metals.
PN Gadgil Jewellers opened at ₹516 today, reaching a high of ₹536 and dipping to a low of ₹506. The stock has shown significant movement, with a 52-week high of ₹848 and a low of ₹473.80. As of 9:57 AM, the shares were trading 5.19% higher at Rs 526.75.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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