Will Use QIP Proceeds For Reducing Debt, Increasing Inventory & Opening Stores: Senco Gold

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On CNBC-TV18 | 'Expect annual profit of Rs 220-250 cr profit by FY27', says Suvankar Sen, MD & CEO at Senco Gold & Diamonds. Prashant Nair, Reema Tendulkar and Nigel D'Souza that they are targetting 16-18% growth in FY25, lower than 18-20% band earlier. Adds, they will use Rs 100-150 cr to add new stores

#sencogoldanddiamonds #fundraise #QIP #growthoutlook #storeexpansionplans #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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