Sky Gold and Diamonds shares are trading at ₹349.15 on the National Stock Exchange as of 10.15 AM on Friday, up 1.26 per cent from the previous close of ₹344.80. The counter opened at ₹350 and touched an intraday high of ₹354.80, with traded volumes reaching 4.44 lakh shares worth ₹15.54 crore. The stock’s market capitalisation stands at ₹5,403 crore.
The Mumbai-based B2B jewellery manufacturer reported its Q2 FY26 results on the previous trading day, showing revenue of ₹1,484.5 crore, up 93.1 per cent year-on-year, while profit after tax jumped 82.6 per cent to ₹67 crore. EBITDA margins expanded 163 basis points to 6.73 per cent.
Beyond the numbers, two strategic developments are capturing market attention. The company has commenced operations at its new B2B office in Dubai, positioning itself to tap Middle East demand. Managing Director Mangesh Chauhan stated the company expects exports to climb to 15-20 per cent of revenue over the next 18-24 months, with Dubai serving as an anchor for regional expansion.
Additionally, Sky Gold has acquired Speed Bangle Private Limited, entering the specialised Italian bangles segment. This acquisition operates on a 100 per cent advance gold model, which is expected to improve working capital efficiency. The company has also partnered with SENCO Gold to launch 9-karat jewellery targeting younger consumers.
Sky Gold aims to build a ₹7,600 crore enterprise by FY27.
Published on November 14, 2025
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