Alkem Laboratories and PN Gadgil Jewellers Share Price Jump on Strong Q1 FY26 Results

Mumbai, August 12 – Shares of Alkem Laboratories and PN Gadgil Jewellers witnessed a sharp rally on Tuesday after both companies posted robust earnings for the April–June quarter of FY26. The positive financial performance boosted investor sentiment, driving notable gains in the stock market.

Market Performance

• Alkem Laboratories: Shares surged 7.5% to ₹5,207 apiece.
• PN Gadgil Jewellers: Stock hit the upper circuit with a 10% jump to ₹603.50.
• Granules India: Gained over 4%, trading at ₹461 apiece.

PN Gadgil Jewellers Q1 FY26 Results

PN Gadgil Jewellers delivered strong growth in profitability during the first quarter of FY26.

• Net Profit: ₹69 crore – up 96% from ₹35 crore in Q1 FY25.
• Revenue from Operations: ₹171.5 crore – a 3% YoY increase.

The company’s stock, which made a high-profile market debut in September last year at ₹830 apiece (a 73% premium to its IPO price), has seen a 27% decline since listing. However, the latest quarterly performance provided a fresh boost to its share price.

Alkem Laboratories Q1 FY26 Results

The pharmaceutical major also posted impressive numbers for the April–June quarter.

• Net Profit: ₹664 crore – up 22% from ₹545 crore in Q1 FY25.
• Revenue from Operations: ₹3,371 crore – showing steady growth.

Alkem’s stock has delivered nearly 10% gains in the past six months, though it remains down 7% in 2025 so far. Over the last five years, the stock has risen 77%, reflecting strong long-term performance.

Granules India Q1 FY26 Results

While Granules India recorded an increase in revenue, its profitability declined year-on-year.

• Net Profit: ₹112.64 crore – down 16% from ₹134.65 crore in Q1 FY25.
• Revenue from Operations: ₹1,210 crore – up nearly 3% YoY.

The stock rose 4% following the results but has been under pressure in recent months, falling 15% in the past six months and 23% in 2025 so far. Over five years, however, the stock has gained 49%.

Summary

The Q1 FY26 results of Alkem Laboratories and PN Gadgil Jewellers triggered strong rallies in their share prices, with gains of 7.5% and 10% respectively. The earnings reports highlighted solid profit growth for both companies, contrasting with a mixed performance from Granules India.