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Jewellery Stocks Shine

Titan rallies 5% on hopes of healthy Q4 business outlook

Given strong execution, analysts at Emkay Global Financial Services, too, remain confident of the high-teens earnings trajectory for Titan in the medium term

Titan rallies 5% on hopes of healthy Q4 business outlook
Updated On : 03 Feb 2023 | 12:29 PM IST

Goldiam Int'l soars 16% after Ashish Kacholia buys stake in Dec quarter

As on December 31, 2022, Ashish Kacholia's stake in Goldiam International stood at 1.01%, against nil or below 1% at the end of September quarter, data shows.

Goldiam Int'l soars 16% after Ashish Kacholia buys stake in Dec quarter
Updated On : 12 Jan 2023 | 11:48 AM IST

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.

Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update
Updated On : 09 Jan 2023 | 10:41 PM IST

Kalyan Jewellers hits new high on expansion plans; stock up 14% in 3 days

With this recent gain, the stock quoted 41 per cent higher against its issue price of Rs 87 per share

Kalyan Jewellers hits new high on expansion plans; stock up 14% in 3 days
Updated On : 13 Dec 2022 | 2:05 PM IST

Kalyan Jewellers up 12% on heavy vol; tops issue price for the first time

With the industry's formalisation and mandatory hallmarking by the Government, the company said that they are well-poised to capitalise on emerging opportunities and demands in the coming years.

Kalyan Jewellers up 12% on heavy vol; tops issue price for the first time
Updated On : 14 Sep 2022 | 3:01 PM IST

Titan, Kalyan: Jewellery stocks to dazzle in festive season, say analysts

Analysts see more upside for jewellery stocks as festive demand kicks in post the correction of gold prices

Titan, Kalyan: Jewellery stocks to dazzle in festive season, say analysts
Updated On : 18 Aug 2022 | 11:09 PM IST

Jewellery stocks up on strong Q2, seasonal sales

Jewellery stocks led by Titan Company surged on Monday on strong Q2 numbers by Titan, good seasonal sales for industry and on expectations of huge benefit for organised sector players following the compulsory hallmarking of gold jewellery with 14ct, 18ct and 22ct of purity.Food and Consumer Affairs Minister Ram Vilas Paswan, on Friday, had clarified that the government would make hallmarking of gold jewellery compulsory from January 1, 2018 to bring in uniformity in the country's jewellery sector. Currently, jewellers sell gold ornaments with different purity level to suit customers' needs and accommodate their financial capability. Thus, many jewellers sell ornaments between 9ct and 24ct.Shares of major jewellery companies jumped between 5 and 19 per cent on Monday."Titan is likely to be biggest beneficiary of shift from unorganised to organised across its key categories. We have been positively surprised by the growth rate in jewellery segment for last two quarters and the company ..

Jewellery stocks up on strong Q2, seasonal sales
Updated On : 07 Nov 2017 | 12:23 AM IST