
Senco Gold Stock on the Rise – Should You Invest?
✅ Strong Recent Gains: Senco Gold’s share price has been climbing for four straight sessions, gaining 19% in a week and 27% from its 52-week low of ₹227.40.
✅ Market Volatility & Earnings Pressure: Despite reasonable fundamentals, the stock faced selling pressure due to weak Q3FY25 results and a sharp rise in gold prices affecting jewellery demand.
✅ Stock Outlook & Expert Opinion:
- Analysts suggest ₹300 as a key resistance level—a breakout could push the stock toward ₹380.
- The company’s Q3 net profit dropped 69.4% to ₹33.4 crore, while EBITDA fell 56% to ₹79.96 crore.
✅ Caution for Investors:
- Placed under ASM (Additional Surveillance Measure) due to recent price fluctuations.
- Experts recommend monitoring upcoming quarterly results before making fresh investments.
📈 Will Senco Gold sustain its rally, or is this just a short-term bounce? Keep an eye on market trends!