Shares of Senco Gold surged 6.4% to a day’s high of Rs 1,494.55 on the BSE during early trading today, following the company’s announcement on Friday that its board approved a qualified institutional placement (QIP) of Rs 500 crore, along with a 1:2 stock split. The announcement was made after market hours. “This is to…
Emkay Global Financial Services has buy call on Senco Gold Ltd. with a target price of Rs 1,400. The current market price of Senco Gold Ltd. is Rs 1,114.7. Senco Gold Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 8639.15 Crore) operating in Gems and Jewellery…
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…