PN Gadgil's gross margin in Q4FY26 slipped 231 basis points (bps) to 9.7 per cent from 12 per cent Y-o-Y
Govt hikes gold import duty: The move triggered selling in jewellery stocks, including Kalyan, Senco Gold, Titan. On the contrary, shares of Manappuram Fin, Muthoot Fin, and IIFL Finance rose up to 7%
The upward movement in the company's share price followed its business update for the fourth quarter of FY26 and the full financial year
If tariff rates on gems and jewellery are reduced to zero, it will bring major relief to India's gems and jewellery sector, which counts the US as its largest export market, said ICICI Securities.