Senco Gold Ltd Share Price – NSE /  BSE

Diamond, Gems and Jewellery, Small Cap

Senco Gold has allotted 76,136 equity shares under ESOP on 06 March 2025. The paid-up equity share capital of the Company has increased from Rs. 81,80,24,480 consisting of 163604896 equity shares of face value Rs. 5/- each to Rs. 81,84,05,160 consisting of 163681032 equity shares of face value Rs. 5/- each.

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Shares of Senco Gold tumbled 27.32% in the past two trading session.

The stock hit a 52-week high of Rs 772 on 7 October 2024. The stock hit a 52-week low of Rs 304.50 on 17 February 2025.

The stock underperformed the market over the past one month, declining 34% compared with 0.85% fall in the Sensex.

The scrip underperformed the market in past one quarter, sliding 41.34% compared with 5.85% decline in the Sensex.

The company on 14 February 2025 announced that its consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24.

Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Profit before tax (PBT) fell 68.73% to Rs 45.62 crore during the quarter as compared with Rs 145.90 crore posted in same quarter last year.

EBITDA stood at Rs 79.96 crore, recording de-growth of 55.85% as compared with Rs 181.10 crore in Q3 FY24. EBITDA margin dropped to 3.8% as against 11% in Q3 FY24.

“The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4,” said Sanjay Banka, chief financial officer (CFO), in the management commentary.

On standalone basis, the company’s net profit declined 70.17% to Rs 33.24 crore despite of 22.52% jump in net sales to Rs 2023.09 crore in Q3 FY25 over Q3 FY24.

In same stores sales growth (SSSG) showrooms the revenue growth was 16.4% and the Stud ratio continued to be in the range of 10.5% in Q3.

Suvankar Sen, managing director & CEO, Senco Gold, said, “High volatility was observed in gold prices during Q3, recording a 22% YoY increase and 20% increase since April 2024. However, consumer demand for gold remained robust throughout Q3. The reduction in customs duties during Q2 rather acted as tailwind for Q3 sales, especially during Dhanteras and Diwali. This quarter marked a milestone for us, as we achieved the highest-ever Q3 revenue of Rs 2,000 crore and a single-month revenue of Rs 1,000 Cr during the Dhanteras month, reflecting a robust 22% YoY growth. In terms of jewellery wise performance on Value terms - we achieved 21% growth in Gold jewellery, 9% in diamond jewellery, 35% in silver jewellery, while our Gossip jewellery 18% growth.

In terms of expansion, our showroom portfolio has grown to 171, including 70 franchisee showrooms. Over the past nine months, we have launched 12 new showrooms, 7 of which are company-owned. Looking ahead, we remain on track to open 8-10 new showrooms in Q4 FY25, including 5-7 franchise outlets, in line with our earlier outlook. The short-term impact of lab-grown diamonds has temporarily affected the stud ratio; however, we remain confident that the diamond jewellery segment in which we primarily operate will rebound to lead us to 15% stud ratio.

We are pleased to announce the incorporation of our wholly owned subsidiary, Sennes Fashion, which will cater the consumer lifestyle segment. This strategic initiative will cover premium leather accessories, lab-grown diamond jewellery, and perfumes, allowing us to expand our customer reach and remain at the forefront of evolving market trends.”

Sanjay Banka, chief financial officer (CFO), Senco Gold, said, “We remain confident that given the long-term prospect of the Indian gems and jewellery which is presently US$ 85- 90 bn, we will achieve 7%-8% EBITDA margin on an annualized basis excluding any one-off event. The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4.

On the profitability front, EBITDA for the quarter stood at Rs 79.9 crore, while YTD EBITDA was Rs 240.6 crore. However, considering the adverse impact of customs duty in Q2 and Q3, amounting to Rs 29.8 crore and Rs 27.6 crore respectively, the adjusted EBITDA for the 9-month period stands at Rs 298.0 crore with an adjusted EBITDA margin of 6.0%.”

Senco Gold is a pan-India jewellery retail player with a history of more than five decades. The company is the largest organized jewellery retail player in the eastern region of India based on number of stores. Among eastern India based jewellery retailers, it has the widest geographical footprint in non-eastern states.

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Net profit of Senco Gold declined 69.37% to Rs 33.48 crore in the quarter ended December 2024 as against Rs 109.32 crore during the previous quarter ended December 2023. Sales rose 27.26% to Rs 2102.55 crore in the quarter ended December 2024 as against Rs 1652.20 crore during the previous quarter ended December 2023.

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Shares of Senco Gold tumbled 27.32% in the past two trading session.

The stock hit a 52-week high of Rs 772 on 7 October 2024. The stock hit a 52-week low of Rs 304.50 on 17 February 2025.

The stock underperformed the market over the past one month, declining 34% compared with 0.85% fall in the Sensex.

The scrip underperformed the market in past one quarter, sliding 41.34% compared with 5.85% decline in the Sensex.

The company on 14 February 2025 announced that its consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24.

Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Profit before tax (PBT) fell 68.73% to Rs 45.62 crore during the quarter as compared with Rs 145.90 crore posted in same quarter last year.

EBITDA stood at Rs 79.96 crore, recording de-growth of 55.85% as compared with Rs 181.10 crore in Q3 FY24. EBITDA margin dropped to 3.8% as against 11% in Q3 FY24.

“The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4,” said Sanjay Banka, chief financial officer (CFO), in the management commentary.

On standalone basis, the company’s net profit declined 70.17% to Rs 33.24 crore despite of 22.52% jump in net sales to Rs 2023.09 crore in Q3 FY25 over Q3 FY24.

In same stores sales growth (SSSG) showrooms the revenue growth was 16.4% and the Stud ratio continued to be in the range of 10.5% in Q3.

Suvankar Sen, managing director & CEO, Senco Gold, said, “High volatility was observed in gold prices during Q3, recording a 22% YoY increase and 20% increase since April 2024. However, consumer demand for gold remained robust throughout Q3. The reduction in customs duties during Q2 rather acted as tailwind for Q3 sales, especially during Dhanteras and Diwali. This quarter marked a milestone for us, as we achieved the highest-ever Q3 revenue of Rs 2,000 crore and a single-month revenue of Rs 1,000 Cr during the Dhanteras month, reflecting a robust 22% YoY growth. In terms of jewellery wise performance on Value terms - we achieved 21% growth in Gold jewellery, 9% in diamond jewellery, 35% in silver jewellery, while our Gossip jewellery 18% growth.

In terms of expansion, our showroom portfolio has grown to 171, including 70 franchisee showrooms. Over the past nine months, we have launched 12 new showrooms, 7 of which are company-owned. Looking ahead, we remain on track to open 8-10 new showrooms in Q4 FY25, including 5-7 franchise outlets, in line with our earlier outlook. The short-term impact of lab-grown diamonds has temporarily affected the stud ratio; however, we remain confident that the diamond jewellery segment in which we primarily operate will rebound to lead us to 15% stud ratio.

We are pleased to announce the incorporation of our wholly owned subsidiary, Sennes Fashion, which will cater the consumer lifestyle segment. This strategic initiative will cover premium leather accessories, lab-grown diamond jewellery, and perfumes, allowing us to expand our customer reach and remain at the forefront of evolving market trends.”

Sanjay Banka, chief financial officer (CFO), Senco Gold, said, “We remain confident that given the long-term prospect of the Indian gems and jewellery which is presently US$ 85- 90 bn, we will achieve 7%-8% EBITDA margin on an annualized basis excluding any one-off event. The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4.

On the profitability front, EBITDA for the quarter stood at Rs 79.9 crore, while YTD EBITDA was Rs 240.6 crore. However, considering the adverse impact of customs duty in Q2 and Q3, amounting to Rs 29.8 crore and Rs 27.6 crore respectively, the adjusted EBITDA for the 9-month period stands at Rs 298.0 crore with an adjusted EBITDA margin of 6.0%.”

Senco Gold is a pan-India jewellery retail player with a history of more than five decades. The company is the largest organized jewellery retail player in the eastern region of India based on number of stores. Among eastern India based jewellery retailers, it has the widest geographical footprint in non-eastern states.

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Net profit of Senco Gold declined 69.37% to Rs 33.48 crore in the quarter ended December 2024 as against Rs 109.32 crore during the previous quarter ended December 2023. Sales rose 27.26% to Rs 2102.55 crore in the quarter ended December 2024 as against Rs 1652.20 crore during the previous quarter ended December 2023.

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The key equity indices erased all the gains and traded with substantial losses in the mid-morning trade. The Nifty traded below the 22,900 level after hitting the day's high of 23,133.70 in early trade. Pharma shares declined after advancing in the past trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 441.78 points or 0.58% to 75,697.19. The Nifty 50 index declined 165.80 points or 0.72% to 22,865.60.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 2.33%, and the S&P BSE Small-Cap dropped 2.82%.

The market breadth was weak. On the BSE, 688 shares rose and 3,033 shares fell. A total of 127 shares were unchanged.

IPO Update:

The initial public offer (IPO) of Quality Power Electrical Equipments received bids for 12,87,572 shares as against 1,11,12,530 shares on offer, according to stock exchange data at 11:15 IST on 14 February 2025. The issue was subscribed to 0.12 times.

The issue opened for bidding on 14 February 2025 and it will close on 18 February 2025. The price band of the IPO is fixed between Rs 401 and Rs 425 per share. An investor can bid for a minimum of 26 equity shares and in multiples thereof.

The initial public offer (IPO) of Hexaware Technologies received bids for 1,84,02,153 shares as against 9,14,23,354 shares on offer, according to stock exchange data at 11:15 IST on 14 February 2025. The issue was subscribed to 0.20 times.

The issue opened for bidding on 12 February 2025 and it will close on 14 February 2025. The price band of the IPO is fixed between Rs 674 and Rs 708 per share. An investor can bid for a minimum of 21 equity shares and in multiples thereof.

Buzzing Index:

The Nifty Pharma index dropped 2.50% to 20,891. The index advanced 1.35% in the past trading session.

Natco Pharma (down 9.8%), Laurus Labs (down 7.13%), Glenmark Pharmaceuticals (down 5.38%), Lupin (down 4.69%), Granules India (down 4.36%), Aurobindo Pharma (down 4.15%), Torrent Pharmaceuticals (down 3.31%), Mankind Pharma (down 3.25%), Zydus Lifesciences (down 2.98%) and Ipca Laboratories (down 2.79%) declined.

Stocks in Spotlight:

Senco Gold hit a lower circuit of 20% after the company’s consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24. Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Gujarat Pipavav Port slipped 1.26% after the company’s consolidated net profit fell 14.38% to Rs 99.37 crore on 2.49% declined in revenue from operations to Rs 262.89 crore in Q3 FY25 over Q3 FY24.

Titagarh Rail Systems (TSRL) fell 5.73% after the company's standalone net profit dropped 8.12% to Rs 68.94 crore on 5.5% decrease in revenue from operations to Rs 902.18 crore in Q3 FY25 over Q3 FY24.

Global Markets:

Asian stocks climbed on Friday, tracking overnight gains on Wall Street, as investor sentiment improved after U.S. President Donald Trump held off on imposing immediate reciprocal tariffs—despite earlier threats.

However, concerns over escalating U.S. trade tariffs and stubborn inflation lingered, while an AI-fueled rally continued to boost Chinese equities.

Wall Street saw relief on Thursday, supported by a decline in Treasury yields, even as U.S. inflation data came in hotter than expected. The producer price index (PPI) for January rose 0.4% month-on-month, exceeding forecasts. On an annual basis, PPI held steady at 3.5%.

Despite the inflationary pressure, stocks rallied after Trump signed an order to explore reciprocal tariffs but stopped short of immediate implementation, giving trading partners a potential window for negotiations.

The S&P 500 climbed 1.04%, approaching record highs, while the NASDAQ Composite surged 1.5% and the Dow Jones Industrial Average gained 0.77%.

Tech stocks led the charge—Nvidia and Apple advanced 3.2% and 2%, respectively, while Tesla rebounded nearly 6% from a 2.5-month low.

With inflation concerns still looming, investors remain watchful of policy moves and market momentum in the days ahead.

Powered by Capital Market - Live News

Senco Gold has allotted 76,136 equity shares under ESOP on 06 March 2025. The paid-up equity share capital of the Company has increased from Rs. 81,80,24,480 consisting of 163604896 equity shares of face value Rs. 5/- each to Rs. 81,84,05,160 consisting of 163681032 equity shares of face value Rs. 5/- each.

Powered by Capital Market - Live News

Shares of Senco Gold tumbled 27.32% in the past two trading session.

The stock hit a 52-week high of Rs 772 on 7 October 2024. The stock hit a 52-week low of Rs 304.50 on 17 February 2025.

The stock underperformed the market over the past one month, declining 34% compared with 0.85% fall in the Sensex.

The scrip underperformed the market in past one quarter, sliding 41.34% compared with 5.85% decline in the Sensex.

The company on 14 February 2025 announced that its consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24.

Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Profit before tax (PBT) fell 68.73% to Rs 45.62 crore during the quarter as compared with Rs 145.90 crore posted in same quarter last year.

EBITDA stood at Rs 79.96 crore, recording de-growth of 55.85% as compared with Rs 181.10 crore in Q3 FY24. EBITDA margin dropped to 3.8% as against 11% in Q3 FY24.

“The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4,” said Sanjay Banka, chief financial officer (CFO), in the management commentary.

On standalone basis, the company’s net profit declined 70.17% to Rs 33.24 crore despite of 22.52% jump in net sales to Rs 2023.09 crore in Q3 FY25 over Q3 FY24.

In same stores sales growth (SSSG) showrooms the revenue growth was 16.4% and the Stud ratio continued to be in the range of 10.5% in Q3.

Suvankar Sen, managing director & CEO, Senco Gold, said, “High volatility was observed in gold prices during Q3, recording a 22% YoY increase and 20% increase since April 2024. However, consumer demand for gold remained robust throughout Q3. The reduction in customs duties during Q2 rather acted as tailwind for Q3 sales, especially during Dhanteras and Diwali. This quarter marked a milestone for us, as we achieved the highest-ever Q3 revenue of Rs 2,000 crore and a single-month revenue of Rs 1,000 Cr during the Dhanteras month, reflecting a robust 22% YoY growth. In terms of jewellery wise performance on Value terms - we achieved 21% growth in Gold jewellery, 9% in diamond jewellery, 35% in silver jewellery, while our Gossip jewellery 18% growth.

In terms of expansion, our showroom portfolio has grown to 171, including 70 franchisee showrooms. Over the past nine months, we have launched 12 new showrooms, 7 of which are company-owned. Looking ahead, we remain on track to open 8-10 new showrooms in Q4 FY25, including 5-7 franchise outlets, in line with our earlier outlook. The short-term impact of lab-grown diamonds has temporarily affected the stud ratio; however, we remain confident that the diamond jewellery segment in which we primarily operate will rebound to lead us to 15% stud ratio.

We are pleased to announce the incorporation of our wholly owned subsidiary, Sennes Fashion, which will cater the consumer lifestyle segment. This strategic initiative will cover premium leather accessories, lab-grown diamond jewellery, and perfumes, allowing us to expand our customer reach and remain at the forefront of evolving market trends.”

Sanjay Banka, chief financial officer (CFO), Senco Gold, said, “We remain confident that given the long-term prospect of the Indian gems and jewellery which is presently US$ 85- 90 bn, we will achieve 7%-8% EBITDA margin on an annualized basis excluding any one-off event. The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4.

On the profitability front, EBITDA for the quarter stood at Rs 79.9 crore, while YTD EBITDA was Rs 240.6 crore. However, considering the adverse impact of customs duty in Q2 and Q3, amounting to Rs 29.8 crore and Rs 27.6 crore respectively, the adjusted EBITDA for the 9-month period stands at Rs 298.0 crore with an adjusted EBITDA margin of 6.0%.”

Senco Gold is a pan-India jewellery retail player with a history of more than five decades. The company is the largest organized jewellery retail player in the eastern region of India based on number of stores. Among eastern India based jewellery retailers, it has the widest geographical footprint in non-eastern states.

Powered by Capital Market - Live News

Net profit of Senco Gold declined 69.37% to Rs 33.48 crore in the quarter ended December 2024 as against Rs 109.32 crore during the previous quarter ended December 2023. Sales rose 27.26% to Rs 2102.55 crore in the quarter ended December 2024 as against Rs 1652.20 crore during the previous quarter ended December 2023.

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Shares of Senco Gold tumbled 27.32% in the past two trading session.

The stock hit a 52-week high of Rs 772 on 7 October 2024. The stock hit a 52-week low of Rs 304.50 on 17 February 2025.

The stock underperformed the market over the past one month, declining 34% compared with 0.85% fall in the Sensex.

The scrip underperformed the market in past one quarter, sliding 41.34% compared with 5.85% decline in the Sensex.

The company on 14 February 2025 announced that its consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24.

Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Profit before tax (PBT) fell 68.73% to Rs 45.62 crore during the quarter as compared with Rs 145.90 crore posted in same quarter last year.

EBITDA stood at Rs 79.96 crore, recording de-growth of 55.85% as compared with Rs 181.10 crore in Q3 FY24. EBITDA margin dropped to 3.8% as against 11% in Q3 FY24.

“The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4,” said Sanjay Banka, chief financial officer (CFO), in the management commentary.

On standalone basis, the company’s net profit declined 70.17% to Rs 33.24 crore despite of 22.52% jump in net sales to Rs 2023.09 crore in Q3 FY25 over Q3 FY24.

In same stores sales growth (SSSG) showrooms the revenue growth was 16.4% and the Stud ratio continued to be in the range of 10.5% in Q3.

Suvankar Sen, managing director & CEO, Senco Gold, said, “High volatility was observed in gold prices during Q3, recording a 22% YoY increase and 20% increase since April 2024. However, consumer demand for gold remained robust throughout Q3. The reduction in customs duties during Q2 rather acted as tailwind for Q3 sales, especially during Dhanteras and Diwali. This quarter marked a milestone for us, as we achieved the highest-ever Q3 revenue of Rs 2,000 crore and a single-month revenue of Rs 1,000 Cr during the Dhanteras month, reflecting a robust 22% YoY growth. In terms of jewellery wise performance on Value terms - we achieved 21% growth in Gold jewellery, 9% in diamond jewellery, 35% in silver jewellery, while our Gossip jewellery 18% growth.

In terms of expansion, our showroom portfolio has grown to 171, including 70 franchisee showrooms. Over the past nine months, we have launched 12 new showrooms, 7 of which are company-owned. Looking ahead, we remain on track to open 8-10 new showrooms in Q4 FY25, including 5-7 franchise outlets, in line with our earlier outlook. The short-term impact of lab-grown diamonds has temporarily affected the stud ratio; however, we remain confident that the diamond jewellery segment in which we primarily operate will rebound to lead us to 15% stud ratio.

We are pleased to announce the incorporation of our wholly owned subsidiary, Sennes Fashion, which will cater the consumer lifestyle segment. This strategic initiative will cover premium leather accessories, lab-grown diamond jewellery, and perfumes, allowing us to expand our customer reach and remain at the forefront of evolving market trends.”

Sanjay Banka, chief financial officer (CFO), Senco Gold, said, “We remain confident that given the long-term prospect of the Indian gems and jewellery which is presently US$ 85- 90 bn, we will achieve 7%-8% EBITDA margin on an annualized basis excluding any one-off event. The lower EBITDA and PAT margin in the current quarter emanated due to custom duty impact while the adjusted 9 months EBITDA margin was 6.0%. We are likely to achieve 7%-8% EBITDA margin in Q4.

On the profitability front, EBITDA for the quarter stood at Rs 79.9 crore, while YTD EBITDA was Rs 240.6 crore. However, considering the adverse impact of customs duty in Q2 and Q3, amounting to Rs 29.8 crore and Rs 27.6 crore respectively, the adjusted EBITDA for the 9-month period stands at Rs 298.0 crore with an adjusted EBITDA margin of 6.0%.”

Senco Gold is a pan-India jewellery retail player with a history of more than five decades. The company is the largest organized jewellery retail player in the eastern region of India based on number of stores. Among eastern India based jewellery retailers, it has the widest geographical footprint in non-eastern states.

Powered by Capital Market - Live News

Net profit of Senco Gold declined 69.37% to Rs 33.48 crore in the quarter ended December 2024 as against Rs 109.32 crore during the previous quarter ended December 2023. Sales rose 27.26% to Rs 2102.55 crore in the quarter ended December 2024 as against Rs 1652.20 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

The key equity indices erased all the gains and traded with substantial losses in the mid-morning trade. The Nifty traded below the 22,900 level after hitting the day's high of 23,133.70 in early trade. Pharma shares declined after advancing in the past trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 441.78 points or 0.58% to 75,697.19. The Nifty 50 index declined 165.80 points or 0.72% to 22,865.60.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 2.33%, and the S&P BSE Small-Cap dropped 2.82%.

The market breadth was weak. On the BSE, 688 shares rose and 3,033 shares fell. A total of 127 shares were unchanged.

IPO Update:

The initial public offer (IPO) of Quality Power Electrical Equipments received bids for 12,87,572 shares as against 1,11,12,530 shares on offer, according to stock exchange data at 11:15 IST on 14 February 2025. The issue was subscribed to 0.12 times.

The issue opened for bidding on 14 February 2025 and it will close on 18 February 2025. The price band of the IPO is fixed between Rs 401 and Rs 425 per share. An investor can bid for a minimum of 26 equity shares and in multiples thereof.

The initial public offer (IPO) of Hexaware Technologies received bids for 1,84,02,153 shares as against 9,14,23,354 shares on offer, according to stock exchange data at 11:15 IST on 14 February 2025. The issue was subscribed to 0.20 times.

The issue opened for bidding on 12 February 2025 and it will close on 14 February 2025. The price band of the IPO is fixed between Rs 674 and Rs 708 per share. An investor can bid for a minimum of 21 equity shares and in multiples thereof.

Buzzing Index:

The Nifty Pharma index dropped 2.50% to 20,891. The index advanced 1.35% in the past trading session.

Natco Pharma (down 9.8%), Laurus Labs (down 7.13%), Glenmark Pharmaceuticals (down 5.38%), Lupin (down 4.69%), Granules India (down 4.36%), Aurobindo Pharma (down 4.15%), Torrent Pharmaceuticals (down 3.31%), Mankind Pharma (down 3.25%), Zydus Lifesciences (down 2.98%) and Ipca Laboratories (down 2.79%) declined.

Stocks in Spotlight:

Senco Gold hit a lower circuit of 20% after the company’s consolidated net profit declined 69.37% to Rs 33.48 crore in Q3 FY25 as compared with Rs 109.32 crore in Q3 FY24. Revenue from operations jumped 27.26% to Rs 2,102.54 crore in Q3 FY25 as compared with Rs 1,652.20 crore in Q3 FY24.

Gujarat Pipavav Port slipped 1.26% after the company’s consolidated net profit fell 14.38% to Rs 99.37 crore on 2.49% declined in revenue from operations to Rs 262.89 crore in Q3 FY25 over Q3 FY24.

Titagarh Rail Systems (TSRL) fell 5.73% after the company's standalone net profit dropped 8.12% to Rs 68.94 crore on 5.5% decrease in revenue from operations to Rs 902.18 crore in Q3 FY25 over Q3 FY24.

Global Markets:

Asian stocks climbed on Friday, tracking overnight gains on Wall Street, as investor sentiment improved after U.S. President Donald Trump held off on imposing immediate reciprocal tariffs—despite earlier threats.

However, concerns over escalating U.S. trade tariffs and stubborn inflation lingered, while an AI-fueled rally continued to boost Chinese equities.

Wall Street saw relief on Thursday, supported by a decline in Treasury yields, even as U.S. inflation data came in hotter than expected. The producer price index (PPI) for January rose 0.4% month-on-month, exceeding forecasts. On an annual basis, PPI held steady at 3.5%.

Despite the inflationary pressure, stocks rallied after Trump signed an order to explore reciprocal tariffs but stopped short of immediate implementation, giving trading partners a potential window for negotiations.

The S&P 500 climbed 1.04%, approaching record highs, while the NASDAQ Composite surged 1.5% and the Dow Jones Industrial Average gained 0.77%.

Tech stocks led the charge—Nvidia and Apple advanced 3.2% and 2%, respectively, while Tesla rebounded nearly 6% from a 2.5-month low.

With inflation concerns still looming, investors remain watchful of policy moves and market momentum in the days ahead.

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