Sky Gold & Diamonds (SGDL) reported exceptional Q2FY26 results, with revenues and profits nearly doubling year-on-year. The company is expanding its market share through new product launches and innovative designs, while also bolstering exports with a new Dubai office. Margin improvements driven by a better product mix and increased gold metal loans are expected to accelerate earnings. Analysts forecast operating cash flow to turn positive by FY28, leading to a potential stock re-rating, and maintain a positive outlook.