{"id":325209,"date":"2026-10-23T13:07:14","date_gmt":"2026-10-23T07:37:14","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325209"},"modified":"2026-10-23T13:07:14","modified_gmt":"2026-10-23T07:37:14","slug":"igi-share-price-rallies-6-percent-two-day-gain-16-percent-q2-fy27-results-lab-grown-diamond-demand","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/igi-share-price-rallies-6-percent-two-day-gain-16-percent-q2-fy27-results-lab-grown-diamond-demand\/","title":{"rendered":"IGI Share Price Rallies 6% on Friday, Up 16.5% in Two Days: What Is Driving the Stock Near Its 52-Week High?"},"content":{"rendered":"

IGI share price traded at Rs 366.75 at about 12:55 PM on 23 Oct 2026, up 3.84% from Rs 353.20, after an intraday high of Rs 374.30 that was nearly 6% above the previous close. The stock hit the 10% upper circuit on 22 Oct and is up about 16.5% from its 21 Oct close of Rs 321.10 at the day high. The International Gemological Institute (India) reported a 43% jump in Q2 FY27 net profit to Rs 185.8 crore.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

IGI share price is rallying because the Q2 FY27 results were strong on every line, with consolidated profit up 43% to Rs 185.8 crore and revenue up 31% to Rs 398 crore. The EBITDA margin widened by 340 basis points to 61.4%, and report volumes grew 26% to 4.35 million. The stock moved up as much as 6% to Rs 374.30 on Friday after a 10% upper circuit on Thursday, and it was at Rs 366.75 around midday. These are intraday numbers and they can change by the close.<\/p>\n<\/p><\/div>\n

IGI share price has had a strong two sessions, and the move follows a clear trigger, which is a quarter where profit grew faster than revenue. A company that grades diamonds, lab-grown stones and gemstones earns on volumes and pricing, so a rise in the EBITDA margin shows how much of each rupee of sales turned into operating profit.<\/p>\n

This article on IGI share price covers today’s move, the Q2 numbers, the segment trends, valuation, the technical levels quoted by a brokerage and the risks. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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