Jewellery Penny stock under Rs 10: Company Achieves Strong 90% Revenue Growth in FY25
The stock is up by 22 per cent from its 52-week low of Rs 5.87 per share.
Established in 1997 and incorporated in 2008, Ashapuri Gold Ornament Limited (AGOL), based in Ahmedabad, Gujarat, has solidified its position as a trusted leader in gold jewelry manufacturing with over 27 years of legacy. Serving jewellers across India, AGOL is renowned for its timeless elegance, impeccable craftsmanship, and unwavering quality, supported by advanced manufacturing facilities, a portfolio of over 25,000 designs, and a dedicated team of over 200 skilled artisans. Driven by innovation and a customer-first approach, AGOL continues to shape the future of India's jewellery sector, inviting jewellers worldwide to join its B2B hub where heritage seamlessly blends with modern design.
Ashapuri Gold Ornament Limited (BSE – 542579) has announced strong audited financial results for FY25, showcasing significant growth. The company reported a 90.23 per cent increase in Total Income, reaching Rs 317.41 crore in FY25, up from Rs 166.86 crore in FY24. EBITDA also saw a substantial rise of 47.81 per cent to Rs 17.23 crore from Rs 11.65 crore, while PAT surged by 56.77 per cent to Rs 12.04 crore from Rs 7.67 crore. Earnings Per Share (EPS) also grew by 26.67 per cent, moving from Rs 0.30 to Rs 0.38.
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The company achieved remarkable success at recent industry events, securing substantial orders for its premium jewellery collection. At IIJS Tritya 2025, the company bagged an impressive Rs 21 crore order. This was followed by an even more significant win at IIJS Signature 2025, where their distinguished product display attracted considerable attention, resulting in approximately Rs 48 crore in orders from several marquee clients within the jewellery sector.
On Wednesday, shares of Ashapuri Gold Ornament Ltd gained 2.72 per cent to Rs 7.17 per share from its previous closing of Rs 6.98 per share. The stock’s 52-week high is Rs 12.20 per share and its 52-week low is Rs 5.87 per share. The company has a market cap of over Rs 200 crore. The stock is up by 22 per cent from its 52-week low of Rs 5.87 per share.
Disclaimer: The article is for informational purposes only and not investment advice.