Jewellery stocks soar: 9 rise over 50%, 4 become multibaggers in 6 months.
Golden Gains in Jewellery Stocks
Over the past six months, jewellery stocks have seen significant price surges. Nine jewellery stocks, each with a market cap of over Rs 1,000 crore, have risen by over 50%, with four becoming multibaggers, offering investors substantial returns. Titan Company, while experiencing a steady growth trend, has shown relatively flat performance compared to the sector’s overall boom.
Key Stock Performances:
- PC Jeweller: +243% increase, from Rs 49 to Rs 167 (52-week high: Rs 187)
- Sky Gold: +234% increase, from Rs 1,207 to Rs 4,029 (52-week high: Rs 4,325)
- Tribhovandas Bhimji Zaveri: +135% increase, from Rs 104 to Rs 244 (52-week high: Rs 360)
- Goldiam International: +121% increase, from Rs 156 to Rs 346 (52-week high: Rs 405)
- Kalyan Jewellers India: +86% increase, from Rs 391 to Rs 727 (52-week high: Rs 786)
- Radhika Jeweltech: +83% increase, from Rs 61 to Rs 112 (52-week high: Rs 157)
- Renaissance Global: +74% increase, from Rs 105 to Rs 184 (52-week high: Rs 196)
- Thangamayil Jewellery: +66% increase, from Rs 1,248 to Rs 2,072 (52-week high: Rs 2,640)
- Motisons Jewellers: +61% increase, from Rs 17 to Rs 28 (52-week high: Rs 33)
These stellar gains reflect the growing strength of the jewellery sector in the stock market.