Neutral Senco Gold Pvt Ltd for the Target Rs. 385 by Motilal Oswal Financial Services Ltd

* Senco to deliver 20% YoY revenue growth and SSSG of 8%.
* Gross margins expected to expand 250bp YoY to 15.7%.
* EBITDA margin to improve 100bp YoY to 6.5%.
* Senco to add three new stores, taking the store count to 189 in 2QFY26.
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