Jewellery Sales

Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update

In the past three months, the stock declined 9 per cent, as against 4 per cent rise in the S&P BSE Sensex.

Jaipur to host mega jewellery show with over 900 stalls from Dec 23-26

A large number of tour operators have dovetailed their itinerary with this event

Titan hits record high on hopes of strong Q2FY23; stock up 44% in 4 months

The board of directors of Titan is scheduled to meet on Friday, November 4, 2022 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2022

Analysts bullish on stocks of jewellery retailers for the long-term

Analysts remain fairly optimistic on jewellery players as softening gold prices and the ongoing festive season makes a case for sustained demand momentum going forward

Q2 show, lower gold prices and expansion may help sustain Titan's rally

The other positives are lower gold prices, higher festive and wedding season sales, and market share gains

Small jewellers see relief as key hallmarking issues resolved

Industry wants relaxations to be notified at the earliest

Titan Company dips 3% after June quarter business update

The sales were hit only to a small extent until the third week of April, from the rapidly rising second wave of the pandemic, primarily due to the temporary store closures in some important states

Kalyan Jewellers reports revenue growth of 60% in Q4 FY'21 for India ops

Kalyan Jewellers on Thursday said it has witnessed a robust increase in consumer demand and seen revenue growth of nearly 60 per cent in its India operations in the fourth quarter ended March 31, 2021

Jewellery stocks lose sheen amid renewed Covid-19 restriction, muted demand

Jewellery stocks: With gold prices bottoming out and demand facing headwinds, analysts expect volatility in the jewellery space to continue. That said, they stay optimistic on Titan & Kalyan Jewellers

KYC must for cash purchase of jewellery above Rs 10 lakh, govt clarifies

Govt carified that any purchase of gold, silver, jewellery, or precious gems and stones below Rs 2 lakh does not require PAN or Aadhaar of a customer as mandatory KYC document

Titan Company locked in upper circuit of 10% post Q4 business update

The management said the company is working out its strategy to manage this crisis with particular focus on ensuring adequate liquidity is available till normalcy returns.

After Goodwin default, IBJA calls for ban on jewellers' deposit schemes

Other industry players oppose the proposal for a ban, say such a move would render thousands unemployed

Code of conduct soon for jewellers as sector aims to restore consumer trust

World Gold Council to initiate talks with industry bodies; move is aimed at controlling jewellers' default, building lender's confidence as well

High gold prices, soft jewellery demand weigh on Titan's Q2 performance

Topline was flat aided by higher gold prices amidst 14% fall in volumes, PBT was down 3.7%; stock could see some pressure

Despite high prices, Akshaya Tritiya sees brisk gold buying by consumers

Cash shortage encourages card transactions; 20-25% jump in sales likely over last year

Jewellery sales decline by half in four weeks on PMLA extension

Jewellers say the limit of Rs 50,000 too low, will meet Commerce Ministry official on Friday