Shares of P N Gadgil Jewellers Ltd traded 1.55% higher at Rs 675 in early session on Tuesday, ahead of the company’s Q2 FY26 results expected later today. The uptick follows strong festive sales performance reported last month, signalling robust consumer demand in the jewellery segment.
In its exchange filing on October 27, the company announced that festive sales during Diwali 2025 surged 74% year-on-year to Rs 606 crore, driven primarily by strong gold demand. Notably, Dhanteras sales alone contributed Rs 277 crore, marking the company’s highest-ever single-day festive sales.
Gold remained the biggest contributor, with revenue up 74% and volume growth of 10% to 390 kg despite a 60% increase in gold prices. Diamond and silver segments also delivered impressive growth — with diamond revenue rising 54% and silver 90% year-on-year.
Commenting on the outlook, Chairman and Managing Director Saurabh Gadgil said the company remains optimistic for the upcoming wedding season, supported by positive consumer sentiment and continued demand for jewellery purchases.
As of 9:40 AM, the stock traded in a range of Rs 670–Rs 682, valuing the company at around Rs 9,003 crore on NSE.
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