Senco Gold shares rise – Senco Gold shares rebounded 16% in 3 days; still down 51% year-to-date. Where’s the stock headed?
Shares of Senco Gold Ltd extended their recovery mode to the third consecutive session in Thursday’s trade. The stock climbed 5 per cent to hit its upper price band of Rs 274.80. At this price, it has rebounded 15.72 per cent in three trading days. Despite the mentioned uptick, the crisis-hit jewellery maker’s scrip has still crashed 51.22 per cent in the calendar year 2025 so far due to weak December 2024 quarter numbers.
Senco’s consolidated net profit tumbled 69.4 per cent to Rs 33.4 crore in Q3 FY25 compared to Rs 109.3 crore in the corresponding quarter a year ago. Earnings before interest, tax, depreciation and amortisation (Ebitda) slipped 56 per cent to Rs 79.96 crore in Q3 FY25 as against Rs 181.1 crore in the corresponding…
