National News
GJC’s first Labham Seminar in Ahilyanagar concludes successfully
The All India Gem & Jewellery Domestic Council (GJC) successfully organized its flagship knowledge-sharing event this week, the Labham Seminar, at Hotel Raj Palace in Ahilyanagar. This was the first-ever Labham Seminar held in Ahilyanagar, conducted in collaboration with the Gold Jewellers Council – Ahilyanagar, a prestigious association dedicated to the growth and prosperity of the local jewellery trade.
This 181st edition of the Labham Seminar was conducted under the DD-WGC Labham series and witnessed the participation of over 100 jewellers. The seminar aimed to strengthen awareness of business knowledge, legal compliance, and ethical trade practices. Key speakers at the event included GJC Chairman Rajesh Rokde, Vice Chairman Avinash Gupta, Vardhaman Kothari, former Chairman Nitin Khandelwal, and legal advisor Bhavin Mehta, who addressed crucial topics such as legal guidelines, compliance policies, and business growth strategies.
During the seminar, insights were also shared about the upcoming India Gem & Jewellery Show (GJS) and GJS Jewellers Meet. The prestigious B2B jewellery trade show is set to take place from 4th to 7th April 2025 at the Jio World Convention Centre, Mumbai. This edition will feature 400+ exhibitors and 750+ booths, offering a grand platform for the jewellery industry to explore an extensive range of products, including gold, couture and real diamond-studded jewellery, silver, gemstones, loose diamonds, pearls, lab-grown diamonds, and allied services.
A key highlight of this year’s event is the Silver Pavilion, dedicated to meeting the growing demand for silver jewellery and artifacts. Scheduled 26 days before Akshaya Tritiya and just ahead of the upcoming wedding season, this show presents a golden opportunity for retailers and buyers to stock up their inventory. With 20,000+ visitors and 2,000 hosted buyers expected, GJS is set to become a leading sourcing platform for India’s jewellery traders.
The GJS Jewellers Meet serves as an exclusive networking platform, bringing together key jewellers, retailers, and manufacturers from the industry. This meet fosters business discussions, collaborations, and trade opportunities, allowing stakeholders to establish valuable connections and gain insights into the latest market trends.
On this occasion, GJC Chairman Rajesh Rokde stated:”The Labham Seminar has always been a vital platform for educating jewellers about compliance and ethical trade practices. We are delighted to host this seminar for the first time in Ahilyanagar and are thrilled by the enthusiastic response from the local jewellery community. GJC remains committed to driving industry growth, education, and business excellence. Through GJS and GJS Jewellers Meet, we are providing jewellers with an unparalleled platform to connect, collaborate, and unlock new business opportunities.”
With this grand success, the Labham Seminar in Ahilyanagar has laid a strong foundation for future knowledge-sharing programs. The Gold Jewellers Council – Ahilyanagar and GJC remain dedicated to their mission of empowering jewellers through initiatives like Labham, ensuring continued progress and excellence in the industry.
National News
PNG Jewellers stock touches 52-week high of Rs 727.80 amid strong market momentum, strong festive demand
Driven by robust investor confidence, strong festive demand, and the continued rise of India’s organized jewellery retail sector, PNG Jewellers stock surge to 52-week high
Driven by robust investor confidence, strong festive demand, and the continued rise of India’s organized jewellery retail sector, P N Gadgil Jewellers Ltd (PNGJL) stock hit a new 52-week high of Rs. 727.80 on the NSE today (May 7, 2026). The stock was trading strongly, with an intraday high of Rs. 727.80, showcasing significant upward momentum. The price was Rs 711.35 at close of trading.
The rally reflects growing investor confidence in India’s organized jewellery retail industry, particularly branded chains demonstrating strong expansion, rising revenues, and resilient consumer demand despite elevated gold prices.
The breakout above the earlier resistance level is being viewed positively by both market participants and technical analysts, indicating sustained bullish momentum in the stock.
Industry experts believe several key factors are contributing to the sharp upward movement in PNG Jewellers’ shares:
- Expansion of retail showroom network
- Growing trust in organized jewellery brands
- Strong quarterly business updates
- Increased investor interest in consumer retail stocks
- Strong festive and wedding season demand
The branded jewellery segment continues to benefit from evolving consumer preferences, with buyers increasingly shifting toward transparency, certified products, and trusted legacy brands.
The rally in PNG Jewellers also underlines the broader strength of India’s organized jewellery market. Leading brands across the country are witnessing strong footfalls, higher ticket sizes, and consistent growth across bridal, festive, and daily wear categories.
With gold continuing to remain both an emotional asset and a preferred investment avenue for Indian consumers, jewellery retailers are maintaining strong business momentum even amid periods of elevated bullion prices.
Analysts now expect investors to closely monitor whether PNG Jewellers sustains above the crucial Rs. 700 breakout zone in the coming trading sessions. Continued earnings growth, retail expansion, and stronger visibility on future performance could further strengthen market confidence.
The stock’s fresh 52-week high marks another important moment for India’s jewellery retail industry, reinforcing the sector’s strong growth trajectory across both consumer demand and capital markets.
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