Ashapuri Gold Ornament Ltd, a penny stock in the jewellery sector, surged 7% to ₹7.05 after posting strong Q1FY26 results. Net profit jumped 296% QoQ to ₹3.17 crore, while revenue grew 20% YoY to ₹52.95 crore. The rise was driven by robust wholesale trading and showroom sales of gold ornaments.