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Senco Gold and Diamonds

SAIF Partners pares 5.8% stake in Senco Gold for Rs 433 cr

SAIF Partners' shareholding in Senco Gold declined to 4.97% from 10.77%New Delhi: Hong Kong-based SAIF Partners on Thursday pared a 5.8% stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction.SAIF Partners, through its...

Senco Gold aims at 15-20% growth in revenue and profit in FY’25

The jewellery chain reported a 39% year-on-year revenue growth in the fourth quarter of FY'24 (2023-24)New Delhi: Leading jewellery chain Senco Gold Ltd is looking at 15-20% growth in revenue and profit in the current fiscal, despite rising prices...

Senco Gold consolidated Q3 profit after tax up 5.8% at Rs 109.32 crore

The company's revenue from operations grew by 23.3 per cent during the quarter under review at Rs 1,652.20 crore, compared to Rs 1,339.63 crore in the same period of the previous yearMumbai: Jewellery retailer Senco Gold has reported a...

Jewellers come up with new collections to commemorate Ram temple consecration

Senco Gold & Diamonds has launched its 'SiyaRam' collection, while Kalyan Jewellers introduced 'Nimah', a heritage jewellery line-upKolkata: Several jewellery retailers have joined the bandwagon of the Ram Temple consecration, unveiling new collections with temple-style motifs and imagery of...

Jewellery retail IPOs shine in 2023

Of the 11 odd public issues by companies operating in the retail ecosystem this year, 4 are by jewellery retailersJewellery retailers reported a sales growth of 13% in October and November 2023 as compared to the same period last...

Senco Gold’s Rs 405 core IPO to open on July 4

The initial share sale will conclude on July 6 and the bidding for anchor investors will open on July 3New Delhi: The Rs 405 crore-initial share sale of jewellery retail player Senco Gold Ltd will open for public subscription...

Senco Gold & Diamonds building digitally-led, customer centric strategies – Suvankar Sen

The pandemic has been a once-in-a-lifetime test of business continuity planning for retail businesses across the globe. Even when things have stabilized to an extent and economies are gradually opening up, the industry is being confronted by a hard...

Jewellery sector welcomes Budget; experts say cut in import duty will boost demand

Gold and silver jewellery will become cheaper in the country ahead of the upcoming wedding season with finance minister Nirmala Sitharaman reducing import duty on gold and silver to 7.5% from 12.5% in the Union budget.Besides bringing relief to the consumers, the move would make Indian jewellery more competitive in...

Jewellers plan to reopen stores in orange and green zones in a phased manner

Jewellery chains like Senco Gold and Diamonds and Kalyan Jewellers announced to reopen their stores in a phased manner in orange and green zones. Senco Gold and Diamonds said it has reopened 11 stores in four states -- West Bengal,...

East India’s Retail Czars Talk Growth, Change & Industry Trends

East India is in the cusp of being transformed from a traditional customer base into a brand conscious, product-savvy market. Its young generation is shopping and demanding both fashion and quality along with value for money spent from retailers....
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Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday

The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July New Delhi:...
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