Introduction:
Jewellery stock posted impressive growth in December 2024, with revenue surging 103.8% and profit after tax rising 189.5% year-on-year, driven by strong operational performance and increased total income, reflecting its robust financial health and market expansion.
Share Price movement of PNGS Gargi Fashion Jewellery:
On January 24, 2025, PNGS Gargi Fashion Jewellery Ltd opened at ₹1,362.00. The stock reached an intraday high of ₹1,492.15 up 5% from its previous close of ₹1,421.10 and a low of ₹1,362.00, By 01:50 PM, it traded at ₹1,490.00 with a market cap of ₹1543.31 crore.
PNGS Gargi Fashion Jewellery Q3 Results:
In the quarter ending December 2024, PNGS Gargi Fashion Jewellery reported a revenue from operations of ₹3,624.38 crore, a significant increase of 103.8% compared to ₹1,778.17 crore in December 2023. Total income rose 107.7% to ₹3,718.59 crore from ₹1,791.08 crore.
Total expenses increased to ₹2,492.37 crore in December 2024 from ₹1,369.51 crore in December 2023, driven by higher operational costs. Despite this, the company demonstrated strong financial management, supporting its continued growth and expansion during the period.
Profit after tax for PNGS Gargi Fashion Jewellery surged by 189.5%, reaching ₹914.59 crore in December 2024, up from ₹315.86 crore in December 2023. This remarkable growth highlights the company’s robust performance and improved profitability.
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Recent news About PNGS Gargi Fashion Jewellery :
On January 21, 2025, PNGS Gargi Fashion Jewellery achieved a 52-week high of ₹1,516.75, showcasing robust growth and performance in the diamond and gold jewelry market.
Ace investor holding of PNGS Gargi Fashion Jewellery:
Rajesh Pandey
Rajesh Pandey holds 1,87,250 shares of PNGS Gargi Fashion Jewellery, representing a 1.81% stake. With a current share price of ₹1,480, the holding value stands at ₹27.7 crore. This quarter saw a 0.36% positive change in his holding.
Preeti Bhatia
Preeti Bhatia owns 1,35,000 shares of PNGS Gargi Fashion Jewellery, equating to a 1.30% stake. At ₹1,480 per share, her holding value is ₹20 crore. Her stake reduced slightly by 0.03% this quarter, reflecting minor portfolio adjustments.
Stock performance of PNGS Gargi Fashion Jewellery for Period of 1 week, 6 months and 1 year:
PNGS Gargi Fashion Jewellery’s stock delivered a 3.29% gain over the past week and an impressive 90.7% return in the last six months. Over the past year, the stock surged by 119%, reflecting outstanding performance and consistent growth across all periods.
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Shareholding pattern of PNGS Gargi Fashion Jewellery:
Summary | Dec-24 | Sep-24 | Jun-24 |
Promoter | 70.20% | 70.90% | 72.10% |
FII | 0% | 0% | 0% |
DII | 1.00% | 0.60% | 0.20% |
Public | 28.80% | 28.60% | 27.70% |
About PNGS Gargi Fashion Jewellery:
PNGS Gargi Fashion Jewellery Ltd (BSE:GARGI) specializes in crafting and retailing premium jewelry. Known for its exquisite designs and quality, the company caters to diverse customer preferences, leveraging a robust network to expand its presence in the highly competitive jewelry market.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.