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PNGJL P N Gadgil Jewellers News Story

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Consumer CyclicalsAdventurousMid CapNeutral

India's P N Gadgil Jewellers jumps after strong Q4 revenue growth

** Shares of India's P N Gadgil Jewellers PNGD.NS jump as much as 5.77%, last up 2.91% at 616.75 rupees

** Jewellery maker says fourth-quarter total revenue more than doubles y/y to 35.52 billion rupees ($383.87 million) vs 15.87 billion rupees a year ago

** Co targets FY 2027 revenue of 135 billion rupees, implying a growth of 25% YoY; plans to open 25 new stores in FY27

** Trading vols at 640,416 shares, more than 3x the 30-day average of 195,708 shares

** YTD, stock down 1.37%

($1 = 92.5325 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

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