National News
P N Gadgil & Sons Expands to Thane, Bringing Its Legacy of Trust and Excellence to the City
P N Gadgil and Sons (PNGS), one of India’s most legendary jewellery brands, has inaugurated its latest showroom in Thane. Located at Shrushti Prime, Gokhale Road, the grand opening marks a new milestone in PNGS’s 193-year legacy, fulfilling the long-standing demand of customers in the region.
For decades, customers from Thane have expressed their desire for a PNGS showroom closer to home, drawn by the brand’s continued commitment to transparency, ethical business practices, and unmatched service. With this expansion, PNGS strengthens its promise of delivering exquisite jewellery and a seamless shopping experience to its patrons.
The launch event witnessed an overwhelming response from jewellery enthusiasts, who explored a wide collection of gold, diamond, and silver designs. Blending timeless tradition with contemporary elegance, the showroom showcases superior craftsmanship and trendsetting pieces that reflect PNGS’s dedication to excellence.
PNGS had announced special inaugural offers to celebrate the grand opening, available until March 9, 2025. These exclusive offers provide a golden opportunity for jewellery enthusiasts to bring home exquisite pieces at special prices.
With nearly two centuries of heritage, PNGS continues to uphold its reputation as a trusted name in jewellery. The new showroom in Thane will offer certified purity, a grand collection of innovative designs, and personalized customer service to enhance the shopping experience.
Speaking about this, Aditya Modak, COO and CFO of PNGS, said, “P N Gadgil & Sons has always been more than a jewellery brand—it is a legacy of trust, built over generations. Our customers in Thane have been a part of this journey, and it is truly gratifying to bring our heritage of purity and excellence closer to them. We invite everyone to visit our showroom and experience the tradition of fine craftsmanship and impeccable service that defines PNGS.”
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.
ALROSA Indicates Mir-Deep Project Could Commence As Early As Next Year
PNG Jewellers stock touches 52-week high of Rs 727.80 amid strong market momentum, strong festive demand
BlueStone-Backed Ethera Launches Mother’s Day Campaign ‘I Am Not Like My Mother,’ Alongside A Curated Edit Of Everyday Fine Jewellery
BlueStone-Backed Ethera Launches Mother’s Day Campaign ‘I Am Not Like My Mother,’ Alongside A Curated Edit Of Everyday Fine Jewellery
PNG Jewellers stock touches 52-week high of Rs 727.80 amid strong market momentum, strong festive demand
Shringar House Of Mangalsutra Unveils Expanded State-Of-The-Art Manufacturing Facility At Kandivali, Mumbai
-
DiamondBuzz4 hours agoBlueStone-Backed Ethera Launches Mother’s Day Campaign ‘I Am Not Like My Mother,’ Alongside A Curated Edit Of Everyday Fine Jewellery
-
National News3 hours agoPNG Jewellers stock touches 52-week high of Rs 727.80 amid strong market momentum, strong festive demand
-
New Premises1 day agoShringar House Of Mangalsutra Unveils Expanded State-Of-The-Art Manufacturing Facility At Kandivali, Mumbai
-
International News7 hours agoPrecious Metals Surge As Middle East Diplomacy Advances AUGMONT BULLION REPORT
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.