New Delhi, April 6 -- Senco Gold share price surged more than 12% after the jewellery retail chain announced impressive results for the last quarter of the financial year, with revenue increasing by 46% year-on-year (YoY), fueled by strong demand during the wedding season despite the fluctuating gold market.
The company also gained from festive events and special days such as Valentine's Day and Women's Day.
Same-store sales growth (SSSG) reached 34%, reflecting robust performance at existing locations and ongoing consumer interest despite high gold prices.
Gold prices increased approximately 20% from the previous quarter to reach peak levels, then corrected by nearly 20% in mid-March, ultimately stabilizing with daily variations of 2-...
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