Top 7 Popular Gold Company Stocks In India

Gold has been around since the dawn of time. While both men and women wore gold as jewellery in the past, gold has now become the metal of choice for women.

Gold has traditionally been the most popular investment option for those seeking higher returns. You may make a lot of money from gold if you know when to buy and sell it at the appropriate time. There are several major jewellery brands in India. Here is a list of the top seven most popular and well-known jewellery brands in India that are publicly traded.

Titan - Tanishq

The stock returned 191.97 percent over three years, compared to 70.37 percent for the Nifty 100. Titan Business Ltd., founded in 1984, is a Large Cap company in the Gems & Jewellery industry with a market capitalization of Rs 209,357.73 crore. Since July 30, 2001, Titan Company Ltd. has declared 21 dividends. Titan Company Ltd. has declared an equity dividend of Rs 4.00 per share in the last 12 months. This translates to a dividend yield of 0.17 percent at the current share price of Rs 2358.20.

Tanishq is a brand of Titan Company, which is part of the well-known TATA Group, and is one of India's top jewellery companies. Tanishq was created in 1994 as a subsidiary of the Titan Corporation. Bangalore, Karnataka, is the company's headquarters.

Kalyan Jewellers

On October 7, Kalyan Jewellers' stock rose almost 11% intraday after the business announced a 60% increase in revenue for its India operations in the third quarter of the year, compared to the same period the previous year. During the quarter, the firm established one new showroom, bringing the total number of stores opened in the first half of the current fiscal year to ten.

Candere, the company's online jewellery platform, saw a 45 percent increase in revenue during the quarter compared to the same time last year.
Kalyan Jewelers was established in 1993. Its headquarters are in the Kerala town of Thrissur. T. S. Kalyanaraman established it. The prestigious Kalyan Group owns the company. It is one of India's major jewellery retail chains.

PC Jewellers

PC Jeweller Ltd., founded in 2005, is a Gems & Jewellery Small Cap company with a market capitalization of Rs 1,319.42 Crore.

In comparison to the Nifty Smallcap 100, which returned 86.64 percent over three years, the stock returned -55.4 percent. It has received numerous honours, including the B2C consultants' and brand architects' Best Showroom Award for Diamond Season in 2006. With 56 stores in 47 cities and 17 states, the firm dominates the jewellery market.

Asian Star Company

 

The Asian Star Company is a fully integrated diamond manufacturer. The company also specializes in diamond cutting and polishing, as well as studded jewellery. Customers can receive jewellery design assistance at the company's store in order to meet their individual needs for special events. Stock returned 22.82 percent over three years, compared to 86.64 percent for the Nifty Smallcap 100. Asian Star Business Ltd., founded in 1995, is a Small Cap company in the Gems & Jewellery industry with a market capitalization of Rs 1,402.60 crore.

Rajesh Exports

Only 4.38 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The company has enough cash on hand to cover its contingent liabilities. The stock returned -10.65% over the last three years, compared to 88.52 percent for the Nifty Midcap 100. Rajesh Exports Ltd., founded in 1995, is a Large Cap business in the Gems & Jewellery industry with a market capitalization of Rs 18,217.54 crore.

Rajesh Exports Ltd was established in 1995, with its headquarters in Bangalore, India. It is one of India's top ten jewellery companies, refining, designing, and selling gold and jewellery. The business makes and sells jewellery to people all around the world.

Tribhovandas Bhimji Zaveri

After three straight quarters of profitability, the company reported a loss of Rs 9.79 crore in the quarter ending June 30, 2021. Stock returned 77.65 percent over three years, compared to 86.64 percent for the Nifty Smallcap 100. The decrease in sales was 25.34 percent. For the first time in three years, the company's revenue has decreased.

The company is regarded as one of India's finest jewellery manufacturers. In addition to Mumbai, Delhi, Hyderabad, Kolkata, and Rajkot, the company operates shops in 23 cities across 11 states.

Vaibhav Global

Vaibhav Global Ltd., founded in 1989, is a Mid Cap business in the Gems & Jewellery industry with a market capitalization of Rs 12,156.71 crore. The stock returned 485.43 percent over three years, compared to 88.52 percent for the Nifty Midcap 100. Annual sales growth of 27.82 percent surpassed the company's three-year CAGR of 17.2 percent. Only 7.64 percent of trading sessions in the last 16 years had intraday gains of more than 5%.

Top 7 Popular Gold Company Stocks In India

Company	Price in Rs.	Market Cap in Rs
Titan- Tanishq	2,355.45	2.09LCr
Kalyan Jewellers	77.95	8,029.26
PC Jewellers	27.90	1.30TCr
Asian Star Company	876.25	1.40TCr
Rajesh Exports	617.95	18.25TCr
Tribhovandas Bhimji Zaveri	86.70	580.22Cr
Vaibhav Global	742	12.17TCr

Disclaimer

The above article is for information purposes only. Neither the author nor Greynium Information Technologies would be responsible for losses incurred on decisions based on this article. Please be careful and consult an advisor before investing.