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International Gemological Institute shares hit 10% upper circuit- What's fuelling IGI stock rally? Q2 results highlights

International Gemological Institute moved higher in a quarterly results development for Q2FY27.

· LiveMint Markets

International Gemological Institute shares hit their 10% upper circuit at ₹353.20 after Q2FY27 profit rose 43% year on year to ₹185.8 crore and revenue increased 31% to ₹398 crore. The company cited healthy demand and strong execution.

Period
Q2FY27

International Gemological Institute reported ₹353.20, ₹185.8 crore and ₹398 crore for Q2FY27, with movement of 10%, 43% and 31% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.2% on the day at ₹397.75, and has returned +15.1% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The consumer & retail sector has moved -9.5% over the same period, so International Gemological Institute is running 24.6 points ahead of its peers.

For International Gemological Institute, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: International Gemological Institute (IGIL), in Consumer & Retail.
  • Over three months: International Gemological Institute +15.1% against Consumer & Retail -9.5% (24.6 points ahead).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
International Gemological InstituteIGIL · Consumer & Retail₹397.75-2.2%+25.9%+15.1%-2.2%0.9×—

Consumer & Retail

1M -4.9% · 3M -9.5%

International Gemological Institute

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

IGILConsumer & Retail