India's Senco Gold up on stake buy in August Jewellery

Senco Gold

22/01/2026 04:13

** Shares of Senco Gold SENC.NS up 1.12% to 315.85 rupees, trimming some gains from its 2.19% rise at the open

** Jeweller says it will buy a 68% stake in August Jewellery for 680 million rupees

** Proposed investment to reinforce co's strategy to cater to the fast-growing young consumer segment, co says

** Stock rated as "Buy" on average by six analysts; median PT at 467 rupees, as per data compiled by LSEG

** Stock fell nearly 41% in 2025

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))