<ul data-eligibleForWebStory="false"><li>Senco Gold shares surged 5% to hit the upper circuit at Rs 365.77 after reporting a strong Q1 business update.</li><li>The company witnessed a 24% YoY rise in retail revenue and a 28% YoY increase in overall revenue, driven by festive-led demand and showroom expansion.</li><li>Senco Gold launched nine new showrooms in Q1, bringing the total to 179, and aims to open 20 more by the end of FY26. The company is focusing on expanding its lifestyle and fashion jewellery brands through the franchise model.</li><li>Despite the seasonally soft nature of the upcoming Q2, the company remains optimistic due to factors like early monsoon onset, above-average rainfall forecast, and stable macroeconomic environment. Gold price volatility and upcoming festivals are expected to influence demand.</li></ul>

Senco Gold Shares Hit 5% Upper Circuit After Q1 Revenue Jumps

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