SMALLCAP JEWELLERY COMPANY TO OPEN 1,000 NEW STORES ACROSS U.P.

Smallcap jewellery stock

has decided to provide training to goldsmith entrepreneurs in rural/semi-urban Uttar Pradesh for establishing 1,000 jewellery retail franchisee units. The company would provide financially sound employment and self-employment opportunities and would empower aspiring jewellery entrepreneurs combining the trust of an established brand with modern digital selling tools, thereby ensuring scalability, visibility, and sustainability. Trading with a market cap of Rs 8,017 crores, the company reported a Q2FY26 sales of Rs 825 crores, up by 63% from the same period last year. Moreover, the company also reported a Q2FY26 net profit of Rs 210 crores, up by 17% from the same period last year. Any breakout above Rs 18 per share could see a strong momentum in the stock.