Jewellery demand is anticipated to see an uptick in H2FY26, given the higher number of weddings, up by 7-8 per cent
Shares of gold-loan providers Muthoot Finance and Manappuram Finance trade at key supports on the charts; face over 11% downside risk. Also check outlook on Titan and other jewellery-related stocks.
PNG is the second-largest jeweller in Maharashtra by store count. Since its IPO in Sep' 24, the company has added 24 stores to its network of 39, aiming to strengthen its presence in Maharashtra.
Pro-growth policy measures such as the government's proposed goods and services tax (GST) rationalisation are expected to aid consumption