Shares of Senco Gold tumbled as much as 14.8 per cent on Monday to Rs 304.5 on the BSE, extending losses to nearly 32 per cent over two sessions after the company reported a sharp 69.3 per cent year-on-year (YoY) drop in its third-quarter profit after tax (PAT). The jewellery retailer’s PAT slumped to Rs…
New Delhi: Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction. SAIF Partners, through its arm SAIF Partners India IV Ltd, sold shares of Kolkata-based Senco Gold on the BSE. According to the bulk deal data available on…
Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and…
