Shanti Gold International Surges 11% Post Strong Q1 Results

Newly-listed Shanti Gold International rallied nearly 11 percent on August 21, hitting Rs 274 per share, its highest level since listing, after the company posted a strong set of Q1 FY26 earnings. The company reported a net profit of Rs 24.6 crore for the April–June quarter, marking a 174 percent YoY surge from Rs 8.99 crore in the same period last year. Revenue from operations grew 22 percent YoY to Rs 292.78 crore, while expenses rose 14 percent YoY to Rs 261 crore. This was Shanti Gold’s first earnings release since its market debut on August 1, when it listed at Rs 227.55 per share on NSE, a 14 percent premium over its IPO price of Rs 199. Since listing, the stock has gained 20 percent from debut levels and is now up nearly 38 percent from the IPO price. The stock currently trades at a P/E ratio of around 72, reflecting rich valuations amid robust growth. #ShantiGold #StockMarket #IPO #Q1Results #Earnings #NSE #BSE #Investing #GoldStocks #ShareMarket #MarketsToday #StockNews