Top 10 Jewellery Stocks in India 2025: India’s affinity for gold and jewellery has transformed the jewellery industry into one of the most thrilling investment options in 2025. As the Indian jewellery industry is likely to touch $100 billion in 2025, investing in jewellery stocks is a golden chance for investors seeking long-term growth.
Why Invest in Jewellery Stocks?
Indian jewellery sector is emerging at a fast pace due to a number of factors. One, Indians are fond of gold and jewellery deeply, particularly on festivals and wedding occasions. Two, more individuals have surplus funds to spend on luxury goods like jewellery. Three, there is an increase in organized retail chains across the nation, which facilitates the sale of branded jewellery.
The government has also assisted the sector by lowering customs duty on gold and silver from 15% to 6% in 2024, which has decreased the cost of gold and boosted demand.
Top 10 Jewellery Stocks in India 2025: Data Table
Here are the top 10 media stocks that provide the best investment prospects in 2025, as judged on their financial performance, market position, and growth prospects:
| Company Name | Current Price (₹) | Market Cap (₹ Cr) | 52-Week High (₹) | 52-Week Low (₹) | P/E Ratio |
|---|---|---|---|---|---|
| Titan Company Ltd | 3,457.50 | 3,06,970 | 3,867.00 | 2,925.00 | 82.69 |
| Kalyan Jewellers India Ltd | 505.25 | 51,380 | 795.40 | 399.40 | 84.55 |
| Rajesh Exports Ltd | 203.30 | 17,393 | 194.35 | 176.94 | – |
| P.N. Gadgil Jewellers Ltd | 633.90 | 8,602 | 835.00 | 473.80 | 34.10 |
| Thangamayil Jewellery Ltd | 2,084.30 | 6,500 | 2,502.94 | 1,523.10 | 60.27 |
| Senco Gold Ltd | 337.85 | 6,019 | 343.00 | 327.00 | – |
| Goldiam International Ltd | 398.55 | 4,493 | 569.00 | 251.35 | 34.90 |
| PC Jeweller Ltd | 13.67 | 9,225 | 15.47 | 11.04 | 15.47 |
| Vaibhav Global Ltd | 247.34 | 4,107 | 295.00 | 201.15 | – |
| TBZ – The Original | 151.95 | 2,500 | 180.00 | 120.00 | – |
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Brief Explanation of Top 10 Jewellery Stocks in India 2025
Titan Company Ltd
Titan is India’s biggest and most reliable jewellery retailer that has popular brands such as Tanishq, Mia, and Zoya. It has more than 400 stores in India and holds a share of around 8% in the organized jewellery industry. Titan’s jewellery segment increased by 25% in the fourth quarter in the face of high gold prices, reflecting its robust market position.
Kalyan Jewellers India Ltd
Kalyan Jewellers is India’s second-largest organised jewellery retail chain. It has 175 stores and reported a great performance with 38% revenue growth in the recent quarter. They specialize in bridal and traditional jewellery, making them favourites in South Indian markets.
Rajesh Exports Ltd
Rajesh Exports is a leading processor of gold in the world and processes 35% of gold production globally. It is not only a retailer but also a manufacturer and exporter of jewellery to overseas markets. They registered stunning 117.9% revenue growth in the most recent quarter.
P.N. Gadgil Jewellers Ltd
P.N. Gadgil Jewellers is an organisation based in Maharashtra with more than 130 years of history. They have 37 retail outlets predominantly in Maharashtra and specialize in traditional Maharashtrian designs of jewellery. The organisation floated its public issues recently and has delivered some excellent growth in the organised retailing space.
Thangamayil Jewellery Ltd
Thangamayil is a South India-centric jewellery house with headquarters in Tamil Nadu. They deal in conventional South Indian gold jewellery and enjoy a strong foothold in Tamil Nadu and Kerala. Steady growth has been witnessed by the company, and it deals primarily with the wedding jewellery business.
Senco Gold Ltd
Senco Gold is India’s second most reliable jewellery brand based on TRA ranking. Senco was established in 1994 and boasts a history of more than 85 years in jewellery business. Senco deals primarily in Eastern India and has been foraying into other areas with new retail formats.
Goldiam International Ltd
Goldiam International is a Mumbai company that is engaged in diamonds, gold, and precious stones. They have manufacturing as well as retail operations with an emphasis on diamond jewellery. The company exports overseas and has indicated good growth prospects in the premium segment.
PC Jeweller Ltd
PC Jeweller was established in 2005 and has 84 stores spread over 70 Indian cities. The company concentrates on big-format stores on main roads and only sells certified diamond jewellery and gold hallmarked. But the company has struggled a bit in recent years with falling share prices.
Vaibhav Global Ltd
Vaibhav Global is special because it targets international markets, primarily the US and UK. It retails fashion jewellery and accessories via TV shopping channels and internet portals. It has a distinct business model from other Indian jewellers.
TBZ – The Original
TBZ boasts a legacy of more than 154 years and was founded in 1864. TBZ has 32 outlets spread over 25 cities and was the first jewellery brand to introduce a buyback policy. TBZ concentrates on creative designs and quality jewellery with robust craftsmanship.
Top 10 Jewellery Stocks in India: Investment Considerations
- Growth Potential: The Indian market for jewellery is projected to increase from $100 billion in 2025 to $168 billion in 2030. The growth is facilitated by rising disposable incomes, cultural practices, and growth in organized retail.
- Risks to Consider: Investors should be aware of certain risks when investing in jewellery stocks. Gold price fluctuations can affect profit margins and consumer demand. High premium valuations of some stocks also pose a risk. Additionally, competition from both organized and unorganized players remains intense.
- Market Trends: The transition from unorganized to organized retail is helping proven players such as Titan and Kalyan Jewellers. Those with strong brands and large retail networks are likely to excel.
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Conclusion
Investment in Indian jewellery shares for 2025 provides great prospects of long-term wealth generation. The industry is helped by India’s cultural love for gold, improving incomes, and the development of organized retailing. Each of these 10 stocks has its own positives – ranging from Titan’s market dominance to Rajesh Exports’ international processing ability, and from old-timers like TBZ to international-oriented firms like Vaibhav Global.
Yet, investors must diversify their portfolio and take into account both incumbent players and new companies to balance risk and reward. With the market likely to grow to $168 billion by 2030, jewelry stocks offer an attractive investing theme for those who wish to be a part of India’s consumption growth story.
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Disclaimer: This information is for educational purposes only and should not be considered as investment advice. Please consult with a financial advisor before making any investment decisions.
