Ashapuri Gold Ornament Ltd vs Palm Jewels Ltd Stock Comparison
Ashapuri Gold Ornament Ltd vs Palm Jewels Ltd Stock Comparison
Last Updated on: Mar 23, 2026
Key Highlights
The Latest Trading Price of Ashapuri Gold Ornament Ltd is ₹ 4.01 as of 20 Mar 15:30
. The P/E Ratio of Ashapuri Gold Ornament Ltd changed from 42.2 on March 2021 to 16.8 on March 2025 . This represents a CAGR of -16.82% over 5 yearsThe P/E Ratio of Palm Jewels Ltd changed from 308 on March 2021 to 53.4 on March 2025 . This represents a CAGR of -29.56% over 5 years The Market Cap of Ashapuri Gold Ornament Ltd changed from ₹ 107.62 crore on March 2021 to ₹ 201.99 crore on March 2025 . This represents a CAGR of 13.42% over 5 yearsThe Market Cap of Palm Jewels Ltd changed from ₹ 61.85 crore on March 2021 to ₹ 28.98 crore on March 2025 . This represents a CAGR of -14.07% over 5 years The revenue of Ashapuri Gold Ornament Ltd for the Dec '25 is ₹ 91.24 crore as compare to the Sep '25 revenue of ₹ 102.41 crore. This represent the decline of -10.91% The revenue of Palm Jewels Ltd for the Dec '25 is ₹ 58.2 crore as compare to the Sep '25 revenue of ₹ 41.61 crore. This represent the growth of 39.87% The ebitda of Ashapuri Gold Ornament Ltd for the Dec '25 is ₹ 8.01 crore as compare to the Sep '25 ebitda of ₹ 11.47 crore. This represent the decline of -30.17% The ebitda of Palm Jewels Ltd for the Dec '25 is ₹ 0.59 crore as compare to the Sep '25 ebitda of ₹ 0.33 crore. This represent the growth of 78.79% The net profit of Ashapuri Gold Ornament Ltd changed from ₹ 2.6 crore to ₹ 5.57 crore over 7 quarters. This represents a CAGR of 54.55%
The net profit of Palm Jewels Ltd changed from ₹ 0.14 crore to ₹ 0.4 crore over 7 quarters. This represents a CAGR of 82.19%
The Dividend Payout of Ashapuri Gold Ornament Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Palm Jewels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Ashapuri Gold Ornament Ltd
Ashapuri Gold Ornament Limited was originally incorporated as a Private Limited Company with the name 'Ashapuri Gold Ornament Private Limited'' on June 17, 2008.
Subsequently, the Company converted in to a Public Limited Company and the name of Company was changed to 'Ashapuri Gold Ornament Limited' on January 23, 2019.
The Company had started its operation from Manek Chowk, Ahmedabad, a market known for bullion and Jewellery trading.
Later on, various jewelers have started their operations from C.G Road, Ahmedabad.
In order to remain in line with other Jewelers, the Company shifted the operations in 2011 from Manek Chowk, Ahmedabad to 109 to 112A, 1st Floor Supermall, Nr.
Lal Bunglow, C.G. Road, Ahmedabad - 380009 in large space having 2945 Sq.
About Palm Jewels Ltd
Palm Jewels Limited was originally incorporated as Shilvi Jewels Private Limited on September 22, 2005.
Subsequently, the name of company was changed to 'Palm Jewels Private Limited' on October 28, 2016.
Thereafter, the Company was converted in to a public company and consequently name was changed to 'Palm Jewels Limited' (PJL) on February 21, 2018.
The Company is engaged in the wholesale business of gold jewellery.
The Company essentially sells gold based chains, bracelets and necklaces.
It outsource the manufacturing of jewellery through job workers based in Ahmedabad and Mumbai.
FAQs for the comparison of Ashapuri Gold Ornament Ltd and Palm Jewels Ltd
Which company has a larger market capitalization, Ashapuri Gold Ornament Ltd or Palm Jewels Ltd?
Market cap of Ashapuri Gold Ornament Ltd is 133 Cr while Market cap of Palm Jewels Ltd is 16 Cr
What are the key factors driving the stock performance of Ashapuri Gold Ornament Ltd and Palm Jewels Ltd?
The stock performance of Ashapuri Gold Ornament Ltd and Palm Jewels Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Ashapuri Gold Ornament Ltd and Palm Jewels Ltd?
As of March 23, 2026, the Ashapuri Gold Ornament Ltd stock price is INR ₹4.01. On the other hand, Palm Jewels Ltd stock price is INR ₹16.02.
How do dividend payouts of Ashapuri Gold Ornament Ltd and Palm Jewels Ltd compare?
To compare the dividend payouts of Ashapuri Gold Ornament Ltd and Palm Jewels Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.