Motilal Oswal retains constructive view on PN Gadgil Jewellers after Q1 FY27
Motilal Oswal named PN Gadgil Jewellers among its preferred picks following the June-quarter review, while also updating ratings and selected target prices across Tata Capital, Gravita India, Supreme Industries, Indus Towers and SAIL.
Motilal Oswal retained a constructive outlook on PN Gadgil Jewellers after its June-quarter results, naming it among preferred picks. The brokerage also reviewed Tata Capital, Gravita India, Supreme Industries, Indus Towers and SAIL, revising selected target prices.
Why this matters
The call follows PN Gadgil Jewellers' FY26 guidance to exceed ₹10,000 crore revenue with PAT margin near 4%, supported by studded jewellery and UP/Bihar expansion.
Retail-company signals are accelerating, up 402700% QoQ.