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Motisons Jewellers jumped 2.08% to Rs 12.25 after the company's board approved the opening of the issue of qualified institutional placement (QIP) of equity shares with a floor price of Rs 11.58 per share.

Motisons Jewellers gains after launching QIP with floor price of Rs 11.58/share

10-Jun-2026, 03:43
The company's board authorized and declared the opening of the issue on Tuesday, 9 June 2026.

The floor price of Rs 11.58 is at a discount of 3.50% to the scrip's previous closing price of Rs 12 on the BSE.

The company may at its discretion offer a discount of not more than 5% on the floor price so calculated for the issue.

Motisons Jewellers retails jewellery made of gold, diamond, kundan and sale of other jewellery products including pearl, silver, platinum, precious, semi-precious stones and other metals. Its other offerings include gold and silver coins, utensils and other artifacts.

The company's standalone net profit fell 25.43% to Rs 8.30 crore despite 15.76% jump in revenue from operations to Rs 137.46 crore in Q4 FY26 over Q4 FY25.