PC Jeweller Ltd witnessed a sharp rally in its stock price over the past two trading sessions, surging by 33% to touch ₹18.69 on the BSE. The surge followed an upbeat business update for the quarter ended June 30, 2025 (Q1FY26), where the company reported a standout 80% year-on-year increase in standalone revenue.

In Monday’s session alone, the stock advanced 11.8%, reflecting heightened investor optimism on the back of strong operational performance and a clear path toward financial deleveraging.

The company attributed the robust growth to high customer demand during the wedding and festive season, which continued to drive strong sales across key markets. Notably, this surge in revenue came despite considerable volatility in gold prices—showcasing customer resilience and trust in the PC Jeweller brand.

In its official filing, the company described Q1 as “very promising and fulfilling,” highlighting that sustained goodwill and brand equity have enabled it to clock a “robust performance.”

Beyond top-line growth, PC Jeweller also emphasized its focus on strengthening its financial fundamentals. The company has been steadily reducing its outstanding debt, having cut its obligations to bankers by over 50% during FY24–25. In Q1FY26, it further trimmed its debt by another 7.5%, reinforcing its commitment to achieving a debt-free status by the end of FY26.

“The company continues to revamp and strengthen all aspects of its operations, the results of which are clearly visible in its financial performance,” the management noted in a statement. It added that the company remains optimistic about maintaining strong momentum in the upcoming quarters.

PC Jeweller’s strong quarterly update and visible progress on debt reduction have caught the attention of both retail and institutional investors, marking a potential turnaround story for the jewellery brand that has seen significant headwinds in previous years.

As it continues to streamline operations and strengthen its balance sheet, PC Jeweller is positioning itself to capture further growth opportunities in India’s ever-resilient gold and jewellery market.

Senco Gold Ltd posted a 28% year-on-year increase in total revenue for the first quarter of FY26, propelled by strong festive demand and aggressive retail expansion. The jewellery retailer’s retail revenue grew 24% during the quarter, highlighting increased footfall and consumer interest across its growing showroom network.

Sales were buoyed by festive celebrations such as Akshay Tritiya, Baisakhi, Bihu, Poila Baishakh, and Ramnavmi, particularly in core markets like West Bengal, Punjab, and Assam, where Senco holds strong brand equity. Despite a 32% spike in gold prices—ranging between ₹86,900 and ₹1,01,000 per 10 grams—consumer appetite for gold jewellery remained resilient.

During the quarter, Senco launched nine new showrooms, bringing its total store count to 179 nationwide. The company continued to focus on brand-led strategies aimed at lifestyle-focused and festive shoppers through its diverse product lines.

Looking ahead to Q2 FY26, Senco plans to open 11 additional showrooms, aiming to meet its full-year target of 20 new outlets. It also intends to scale up its sub-brands — Sennes, Gossip, and Everlite — through franchise models to deepen its reach in urban and semi-urban markets.

Shares of Senco Gold Ltd rose 2.22% on Friday, closing at ₹350.05 on the BSE, up ₹7.60 from the previous session.

Candere, the lifestyle jewellery brand by Kalyan Jewellers celebrated for its modern, trend-led designs, has unveiled its newest retail store in Navi Mumbai, this time in the bustling commercial hub of Vashi. Located Sector 30A, the Platinum Techno Park, this new outlet marks Candere’s 8th store in Mumbai and 79th nationwide, underscoring its commitment to accessible, stylish jewellery for today’s discerning customers.

The store opening comes on the heels of Candere’s landmark announcement of Shah Rukh Khan as its brand ambassador and signifies another milestone in its robust expansion strategy. Vashi, with its strong mix of corporate, retail, and lifestyle audiences, provides the perfect backdrop for Candere’s growth as an omnichannel brand.

Candere is known for its lightweight and versatile jewellery that appeals to Gen Z, working professionals, and style-conscious men. With a focus on contemporary, trend-led designs at affordable prices, starting at ₹10,000—the brand enables customers to showcase their personal style effortlessly. These collections also make ideal gifts and are perfect for marking special moments.

To mark the launch of its new store, Candere is offering special promotions: a flat 20% off on diamond and solitaire stone prices, and a flat 25% off on making charges for gold and platinum jewellery.

With this new location at Vashi, Navi Mumbai, Candere continues to blend digital convenience with physical experience, staying true to its ethos of being a digital-first brand with a growing retail presence. Backed by the heritage and trust of Kalyan Jewellers, Candere continues to redefine the jewellery-buying journey; making it smarter, seamless, and more experiential.