Shringar House of Mangalsutra Share Price Jumps 15% Today: 47% Returns in 2026, Q1 FY27 Results, 52-Week High, Target Price and Stop Loss Levels Explained

Shringar House of Mangalsutra share price: opened Rs 289 on 13 Oct 2026 against a Monday close of Rs 265.35, hit an intraday high of Rs 303.85 (about 14.5% up, my calculation). Q1 FY27 profit Rs 34.0 crore, up 19.3%. IPO price Rs 165.

Updated: 13 Oct 2026 • 11:24 am

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Shringar House of Mangalsutra Share Price Jumps 15% Today: 47% Returns in 2026, Q1 FY27 Results, 52-Week High, Target Price and Stop Loss Levels Explained

Quick Answer

Shringar House of Mangalsutra share price jumped about 15% to an intraday high of Rs 303.85 on 13 October 2026, from Monday's close of Rs 265.35, after opening at Rs 289. The headline's 47% return in 2026 is a year-to-date figure that I could not confirm from a second source, and I found no single company announcement behind the move. Q1 FY27 profit was Rs 34.0 crore, up 19.3%, but the EBITDA margin was 8.9% against 12.4% a year earlier, so profit has grown slower than revenue. No expert target price or stop loss was available to me, so the levels in this article are price points from recent trade and not recommendations.

Shringar House of Mangalsutra share price is the subject of the headline that says the jewellery stock jumped 15% today, with 47% returns in 2026 and a request to check the target and stop loss. The stock opened at Rs 289 on NSE, against a previous close of Rs 265.35 on Monday, and touched an intraday high of Rs 303.85 on 13 October.

This guide explains what moved the Shringar House of Mangalsutra share price, what the latest Q1 FY27 results show, how the company earns its money, which price levels traders are watching, and where the risks are.

Shringar House of Mangalsutra is a Mumbai-based maker of mangalsutras that sells to jewellers. It listed in September 2025 at an issue price of Rs 165, so the stock is a recent listing with a short trading history.

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Table of Contents

Shringar House of Mangalsutra Share Price Today: What Happened on 13 October

Level	Price (Rs)	Note
Previous close (Monday 12 Oct)	265.35	Base for the 15% move
Opening price	289	About 8.9% above the close (my calculation)
Intraday high, 13 Oct	303.85	About 14.5% above the close (my calculation)
Earlier 52-week high and all-time high	295.60	Cited by MarketsMojo in the morning; later exceeded intraday
IPO issue price	165	The high is about 84% above it (my calculation)

MarketsMojo described the open of the Shringar House of Mangalsutra share price as a 7.72% gap-up, while the headline figures give about 8.9%. The difference probably comes from the time of the data snapshot, so treat the exact open as approximate.

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Why Is the Shringar House of Mangalsutra Share Price Rising?

I could not find a company announcement that explains the jump in the Shringar House of Mangalsutra share price. The factors reported by data providers are below.

A three-day winning streak, with a 27.55% gain over three days.
A sharp rise in delivery volume: one-day delivery was up 931.81% against the five-day average, per MarketsMojo.
Q1 FY27 profit growth of 19.3% and revenue growth of 64.9%.
A doubling of capacity to 4,000 kg and a plan to enter gold bridal jewellery.
An industry award: the company won the Mangalsutra Manufacturer of the Year award at IIJA 2026, announced around 5 October.

Period	Shringar return	Sensex
3 days	27.55%	Not given
1 week	28.65%	Down 1.00%
1 month	32.66%	Down 3.27%
1 year	40.19%	Down 12.14%

These figures for the Shringar House of Mangalsutra share price are from MarketsMojo as of the morning of 13 October. The headline's 47% for 2026 is year to date and is not in the same table, so the two should not be added or compared directly.

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Q1 FY27 Results Behind the Shringar House of Mangalsutra Share Price

Measure	Q1 FY27	Change
Revenue	Rs 548.5 crore	Up 64.9% year on year; down about 24% from the previous quarter
EBITDA	Rs 48.9 crore	Up 18.7% year on year
Net profit	Rs 34.0 crore	Up 19.3% year on year
EBITDA margin	8.9%	12.4% a year earlier and 6.2% in Q4 FY26

Revenue grew far faster than profit, so the extra sales behind the Shringar House of Mangalsutra share price came at thinner margins. The company reported these results on 12 August 2026. Sales volume is reported differently across sources: two report about 5.6% growth (376 kg against 356 kg), while another reports a 5% fall.

Business Snapshot: What Supports the Shringar House of Mangalsutra Share Price

Item	Detail
Business	Designs, makes and sells mangalsutras to business customers
Named customers	Titan, Malabar Gold, Reliance Retail, Kalyan and Joyalukkas
Range	More than 15 collections and 10,000 active designs
Capacity	4,000 kg after a doubling; FY26 output of 2,286 kg is about 57% of that (my calculation)
Corporate clients	49% of FY26 revenue, up from 34% in FY25
FY26 profit growth	89%, per MarketSmith

The Kandivali plant restarted on 23 February 2026. Management has also said it is entering gold bridal jewellery, which is a new category for a company known for mangalsutras.

Shringar House of Mangalsutra Share Price: Target Price and Stop Loss Levels

The headline promises a target price and stop loss, but I did not find a named expert or brokerage with a published target price for this stock. I will not invent one. The table below lists price points from recent trade that traders track, and these are reference levels, not recommendations.

Level (Rs)	What it is
303.85	Intraday high on 13 October
295.60	Earlier all-time high and 52-week high
289	13 October opening price
265.35	Monday's close
252.50	Intraday level on 12 October
212.95	Price on 25 September, when the uptrend began per MarketsMojo
165.80	52-week low

A stop loss is a level you choose in advance, below which your reason for holding no longer applies. Its distance from your entry decides how much you can lose on one trade, so size the position first. For the Shringar House of Mangalsutra share price, a stop loss near Rs 265 is about 12% below Rs 303.85, while one near Rs 252 is about 17% below it (my calculation).

Valuation: Is the Shringar House of Mangalsutra Share Price Stretched?

Measure	Figure	Note
Trailing P/E	About 21x	MarketsMojo at Rs 287.60; about 22x at Rs 303.85 (my calculation)
Price to book	3.77x	MarketsMojo
EV/EBITDA	15.71x	MarketsMojo
Market capitalisation	About Rs 2,400 crore	MarketSmith at Rs 252.50; about Rs 2,890 crore at Rs 303.85 (my calculation)
Dividend payout	Zero	MarketsMojo
MarketsMojo rating	Hold	Cut from Buy on 26 August 2026

A price to book of 3.77x makes the Shringar House of Mangalsutra share price look expensive for a manufacturer with margins under 10%. The company also has a return on equity of 36.2% per Screener, which is why the market pays a premium. Screener's market cap of Rs 1,591 crore is out of date, so I did not use it.

Risks Around the Shringar House of Mangalsutra Share Price

Fast rally: The Shringar House of Mangalsutra share price rose about 28% in a week to a new 52-week high, and sharp moves often reverse quickly.

Margins: The EBITDA margin of 8.9% is below the 12.4% of a year ago.

Customer concentration: Corporate clients bring 49% of revenue, so the loss of one large jeweller would matter.

Gold price: Gold is the main input, so price swings affect working capital and demand.

Small company: At roughly Rs 2,400 to Rs 2,900 crore, the Shringar House of Mangalsutra share price can move on thin volume.

No clear trigger: I found no filing that explains the jump, so the Shringar House of Mangalsutra share price move may be momentum rather than news.

What to Watch Next

Any exchange disclosure that explains the move in the Shringar House of Mangalsutra share price.
Whether the Shringar House of Mangalsutra share price holds above Rs 265.35 over the next sessions.
The Q2 FY27 results date and the EBITDA margin.
Use of the doubled 4,000 kg capacity.
Gold prices and festive demand for jewellery.

Conclusion

Shringar House of Mangalsutra share price touched Rs 303.85, a new high, on a day with no clear announcement, after a 28% rise in a week. The business is growing, but margins are lower than last year, so check the results and your risk limit before acting. Consult a SEBI-registered advisor before making any decision.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What is the Shringar House of Mangalsutra share price today?

Ans. On 13 October 2026 it opened at Rs 289 and touched Rs 303.85 intraday, against Monday's close of Rs 265.35. Check a live quote for the current price.