Mumbai/IBNS, April 6 -- Shares of Senco Gold Ltd. surged nearly 11 percent on Monday after the company announced a business update, according to media reports.

The rally also lifted shares of its peers, including Kalyan Jewellers and Titan Company Limited.

The company is targeting an EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) margin in the range of 7.5-7.8 percent for the next financial year.

In the current financial year, Senco Gold reported a revenue growth of 35 percent.

The company also plans to expand its retail footprint by launching 20-25 new stores in FY2027.

Published by HT Digital Content Services with permission from India Blooms....