{"id":341715,"date":"2026-11-06T11:53:16","date_gmt":"2026-11-06T06:23:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341715"},"modified":"2026-11-06T11:53:16","modified_gmt":"2026-11-06T06:23:16","slug":"jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/","title":{"rendered":"Jewellery Stocks on Dhanteras 2026: Titan Gains After Q2 Results, Kalyan Jewellers Extends Its Rally, and What Brokerages and Retailers Say About Demand"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Titan Rs 4,987.80 at 11:02 AM, 6 Nov. Kalyan Rs 585.90 at 10:38 AM. Titan Q2 profit Rs 2,393 crore. Brokerage targets Rs 5,330-6,000. Press reports.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Jewellery stocks are in focus on Dhanteras 2026. Titan traded near Rs 4,987.80 at 11:02 AM IST on 6 November, about 3% above its previous close, after a Q2 profit of Rs 2,393 crore, and Kalyan Jewellers was at Rs 585.90 at 10:38 AM. Brokerage targets for Titan range from Rs 5,330 to Rs 6,000.<\/p>\n<\/p><\/div>\n<p><strong>Jewellery stocks<\/strong> are in focus on Dhanteras, Friday 6 November 2026, as Titan trades higher after its Q2 results and <strong>Kalyan Jewellers<\/strong> extends a rally that began on Thursday, per press reports. This guide lists the dated prices, what brokerages said about Titan, what retailers say about festive demand and the risks. All prices are from news reports and are time-stamped, so check live quotes on NSE or BSE.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Jewellery_Stocks_Today_Prices_and_Moves\" title=\"Jewellery Stocks Today: Prices and Moves\">Jewellery Stocks Today: Prices and Moves<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Titan_After_Q2_Results_What_Changed\" title=\"Titan After Q2 Results: What Changed\">Titan After Q2 Results: What Changed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Kalyan_Jewellers_Rally_Before_Results\" title=\"Kalyan Jewellers: Rally Before Results\">Kalyan Jewellers: Rally Before Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#What_Retailers_Say_About_Dhanteras_Demand\" title=\"What Retailers Say About Dhanteras Demand\">What Retailers Say About Dhanteras Demand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Foreign_Holding_in_Jewellery_Stocks\" title=\"Foreign Holding in Jewellery Stocks\">Foreign Holding in Jewellery Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Risks_for_Jewellery_Stocks\" title=\"Risks for Jewellery Stocks\">Risks for Jewellery Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Frequently_Asked_Questions_on_Jewellery_Stocks\" title=\"Frequently Asked Questions on Jewellery Stocks\">Frequently Asked Questions on Jewellery Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Which_jewellery_stocks_are_in_focus_on_Dhanteras_2026\" title=\"Which jewellery stocks are in focus on Dhanteras 2026?\">Which jewellery stocks are in focus on Dhanteras 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#What_is_the_Titan_share_price_today\" title=\"What is the Titan share price today?\">What is the Titan share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#What_are_the_brokerage_targets_for_Titan\" title=\"What are the brokerage targets for Titan?\">What are the brokerage targets for Titan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Why_is_Kalyan_Jewellers_rising\" title=\"Why is Kalyan Jewellers rising?\">Why is Kalyan Jewellers rising?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Is_Titan_profit_growth_real\" title=\"Is Titan profit growth real?\">Is Titan profit growth real?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Do_jewellery_stocks_rise_on_Dhanteras_every_year\" title=\"Do jewellery stocks rise on Dhanteras every year?\">Do jewellery stocks rise on Dhanteras every year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#What_do_retailers_expect_for_Dhanteras_sales\" title=\"What do retailers expect for Dhanteras sales?\">What do retailers expect for Dhanteras sales?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/jewellery-stocks-dhanteras-2026-titan-kalyan-jewellers-senco-pc-jeweller-thangamayil-brokerage-targets\/#Should_I_buy_jewellery_stocks_now\" title=\"Should I buy jewellery stocks now?\">Should I buy jewellery stocks now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Jewellery_Stocks_Today_Prices_and_Moves\"><\/span><strong>Jewellery Stocks Today: Prices and Moves<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Stock<\/th>\n<th>Price<\/th>\n<th>Move<\/th>\n<th>Time and source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/titan\/titan-company-ltd-share-price-today\">Titan Company<\/a><\/td>\n<td>Rs 4,987.80<\/td>\n<td>About 3.2% above Rs 4,831.55 close (my arithmetic)<\/td>\n<td>11:02 AM IST on 6 November; opened Rs 4,800 on BSE and touched Rs 5,001.90<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/kalyankjil\/kalyan-jewellers-india-ltd-share-price-today\">Kalyan Jewellers India<\/a><\/td>\n<td>Rs 585.90<\/td>\n<td>About 4.6% above the Rs 560 close<\/td>\n<td>10:38 AM on 6 November; closed Rs 560 on NSE on 5 November, up 5.85%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/senco\/senco-gold-ltd-share-price-today\">Senco Gold<\/a><\/td>\n<td>Rs 304.60<\/td>\n<td>Up 1.42%<\/td>\n<td>Morning of 4 November, not today<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/pcjeweller\/pc-jeweller-ltd-share-price-today\">PC Jeweller<\/a><\/td>\n<td>Rs 15.12<\/td>\n<td>Up about 3%<\/td>\n<td>Morning of 4 November, not today<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/thangamayl\/thangamayil-jewellery-ltd-share-price-today\">Thangamayil Jewellery<\/a><\/td>\n<td>Rs 4,579.40<\/td>\n<td>Up 1.03%<\/td>\n<td>Morning of 4 November, not today<\/td>\n<\/tr>\n<tr>\n<td>P N Gadgil Jewellers<\/td>\n<td>Rs 580<\/td>\n<td>Up 0.77%<\/td>\n<td>Morning of 4 November, not today<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Prices for Senco, PC Jeweller, Thangamayil and P N Gadgil are from 4 November because a same-day source was not found, so do not read them as today&#8217;s levels. Titan and Kalyan figures come from 6 November news reports.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Titan_After_Q2_Results_What_Changed\"><\/span><strong>Titan After Q2 Results: What Changed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Figure<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Q2 consolidated net profit<\/td>\n<td>Rs 2,393 crore versus Rs 1,120 crore a year ago<\/td>\n<\/tr>\n<tr>\n<td>One-time gain<\/td>\n<td>Reported at Rs 671 crore; profit without it would be about Rs 1,722 crore (my arithmetic)<\/td>\n<\/tr>\n<tr>\n<td>Jewellery margin<\/td>\n<td>11.7%, up 60 basis points year on year, versus Citi&#8217;s estimate of 10.7%<\/td>\n<\/tr>\n<tr>\n<td>Jefferies<\/td>\n<td>Upgraded to Buy, target Rs 6,000; expects about 11% jewellery margin guidance to hold<\/td>\n<\/tr>\n<tr>\n<td>Citi<\/td>\n<td>Buy, target Rs 5,875<\/td>\n<\/tr>\n<tr>\n<td>Motilal Oswal<\/td>\n<td>Buy, target Rs 5,700<\/td>\n<\/tr>\n<tr>\n<td>JP Morgan<\/td>\n<td>Neutral, target Rs 5,540<\/td>\n<\/tr>\n<tr>\n<td>PL Capital<\/td>\n<td>Accumulate, target Rs 5,330, from Rs 5,388<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Against Rs 4,987.80, the targets imply about 20.3% for Jefferies, 17.8% for Citi, 14.3% for Motilal Oswal, 11.1% for JP Morgan and 6.9% for PL Capital (my arithmetic). Targets belong to the brokerages and change with the share price and fresh research; they are not Univest recommendations. See our earlier Titan Q2 results article for the quarter&#8217;s detail.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Kalyan_Jewellers_Rally_Before_Results\"><\/span><strong>Kalyan Jewellers: Rally Before Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Detail<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Recent move<\/td>\n<td>Closed Rs 560 on 5 November, up 5.85% (high Rs 560, low Rs 538), and was up about 4.6% on 6 November<\/td>\n<\/tr>\n<tr>\n<td>Q2 preview<\/td>\n<td>A preview piece expected profit near Rs 340 crore and revenue above Rs 10,000 crore; these are estimates, not reported numbers, so check the exchange filing<\/td>\n<\/tr>\n<tr>\n<td>Foreign holding<\/td>\n<td>FII stake rose from 10.82% to 13.83% in the September quarter, per press reports<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Stocks that rally into results can swing either way on the numbers. Read the filing for revenue growth, same-store growth and margins before drawing conclusions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare jewellery stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Retailers_Say_About_Dhanteras_Demand\"><\/span><strong>What Retailers Say About Dhanteras Demand<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Voice<\/th>\n<th>View<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Rajesh Rokde, GJC chairman (PTI)<\/td>\n<td>Expects festive sales up 20% to 30% by value, with volumes flat<\/td>\n<\/tr>\n<tr>\n<td>Senco Gold (PTI)<\/td>\n<td>Targets more than 20% growth this season<\/td>\n<\/tr>\n<tr>\n<td>Upstox report<\/td>\n<td>Shoppers prefer lighter designs and smaller tickets, and exchange old gold<\/td>\n<\/tr>\n<tr>\n<td>Delhi gold (PTI, 5 November)<\/td>\n<td>Rs 1,48,800 per 10 grams; benchmark rates differ by source<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Higher gold prices lift sales value even if the number of grams sold stays flat, which is the point behind the 20% to 30% value estimate. The decline of gold from its January peak may bring back some buyers, but retailers have not shown that in reported numbers yet.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Foreign_Holding_in_Jewellery_Stocks\"><\/span><strong>Foreign Holding in Jewellery Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>FII stake, June to September quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Kalyan Jewellers<\/td>\n<td>10.82% to 13.83%<\/td>\n<\/tr>\n<tr>\n<td>Titan<\/td>\n<td>15.39% to 16.37%<\/td>\n<\/tr>\n<tr>\n<td>P N Gadgil<\/td>\n<td>0.48% to 3.83%<\/td>\n<\/tr>\n<tr>\n<td>Thangamayil<\/td>\n<td>5.54% to 5.79%<\/td>\n<\/tr>\n<tr>\n<td>Shanti Gold<\/td>\n<td>1.92% to 2.22%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The figures are from press reports on shareholding patterns. Rising foreign stakes show interest but not a view on future returns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_for_Jewellery_Stocks\"><\/span><strong>Risks for Jewellery Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Risk<\/th>\n<th>Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gold price swings<\/td>\n<td>A sharp fall or rise can slow purchases and affect inventory gains and losses<\/td>\n<\/tr>\n<tr>\n<td>Margins<\/td>\n<td>Competition, discounts and gold exchange schemes can pressure margins<\/td>\n<\/tr>\n<tr>\n<td>Valuation<\/td>\n<td>Titan has gained about 23% in 2026 per Zeebiz, so expectations are high<\/td>\n<\/tr>\n<tr>\n<td>Demand mix<\/td>\n<td>Smaller tickets and lighter designs can lower the average bill<\/td>\n<\/tr>\n<tr>\n<td>Policy<\/td>\n<td>Changes in import duty or tax on gold can hit demand<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get stock alerts on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Jewellery stocks<\/strong> have moved up into Dhanteras, with Titan helped by brokerage upgrades and <strong>Kalyan Jewellers<\/strong> by its results run-up. Check the numbers and risks and decide whether the sector fits your plan.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Jewellery_Stocks\"><\/span><strong>Frequently Asked Questions on Jewellery Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_jewellery_stocks_are_in_focus_on_Dhanteras_2026\"><\/span><strong>Which jewellery stocks are in focus on Dhanteras 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Titan, Kalyan Jewellers, Senco Gold, PC Jeweller, Thangamayil Jewellery and P N Gadgil are in focus. Titan and Kalyan have the most recent reported moves on 6 November, while the others have prices from 4 November in this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Titan_share_price_today\"><\/span><strong>What is the Titan share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Titan traded near Rs 4,987.80 at 11:02 AM IST on 6 November 2026, after opening at Rs 4,800 on BSE and touching Rs 5,001.90. Its previous close was Rs 4,831.55. Prices change, so check a live quote.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_brokerage_targets_for_Titan\"><\/span><strong>What are the brokerage targets for Titan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jefferies has a Buy with a target of Rs 6,000, Citi a Buy at Rs 5,875, Motilal Oswal a Buy at Rs 5,700, JP Morgan a Neutral at Rs 5,540 and PL Capital an Accumulate at Rs 5,330. These are brokerage views, not Univest recommendations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Kalyan_Jewellers_rising\"><\/span><strong>Why is Kalyan Jewellers rising?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kalyan Jewellers closed up 5.85% at Rs 560 on 5 November and was higher again on 6 November, with Dhanteras demand hopes and an upcoming Q2 result in focus. A preview piece estimated profit near Rs 340 crore, but those are estimates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Titan_profit_growth_real\"><\/span><strong>Is Titan profit growth real?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Titan reported net profit of Rs 2,393 crore versus Rs 1,120 crore, but that includes a reported one-time gain of Rs 671 crore. Without it, profit would be about Rs 1,722 crore by my arithmetic, which is still higher than a year ago.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_jewellery_stocks_rise_on_Dhanteras_every_year\"><\/span><strong>Do jewellery stocks rise on Dhanteras every year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. Stock prices depend on gold prices, earnings, margins and market conditions, not just the festival. Some years the stocks run up before Dhanteras and fall after, so past festivals do not predict this one.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_retailers_expect_for_Dhanteras_sales\"><\/span><strong>What do retailers expect for Dhanteras sales?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> GJC chairman Rajesh Rokde expects sales up 20% to 30% by value with flat volumes, and Senco targets over 20% growth, per PTI. Higher gold prices lift value even if volume is flat.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_jewellery_stocks_now\"><\/span><strong>Should I buy jewellery stocks now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest cannot give personal advice. Jewellery stocks can be volatile and are sensitive to gold prices and valuations. Review the quarterly numbers, your allocation and risk tolerance, and consult a SEBI-registered adviser.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which jewellery stocks are in focus on Dhanteras 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Titan, Kalyan Jewellers, Senco Gold, PC Jeweller, Thangamayil Jewellery and P N Gadgil are in focus. Titan and Kalyan have the most recent reported moves on 6 November, while the others have prices from 4 November in this article.\"}},{\"@type\":\"Question\",\"name\":\"What is the Titan share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Titan traded near Rs 4,987.80 at 11:02 AM IST on 6 November 2026, after opening at Rs 4,800 on BSE and touching Rs 5,001.90. Its previous close was Rs 4,831.55. Prices change, so check a live quote.\"}},{\"@type\":\"Question\",\"name\":\"What are the brokerage targets for Titan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jefferies has a Buy with a target of Rs 6,000, Citi a Buy at Rs 5,875, Motilal Oswal a Buy at Rs 5,700, JP Morgan a Neutral at Rs 5,540 and PL Capital an Accumulate at Rs 5,330. These are brokerage views, not Univest recommendations.\"}},{\"@type\":\"Question\",\"name\":\"Why is Kalyan Jewellers rising?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kalyan Jewellers closed up 5.85% at Rs 560 on 5 November and was higher again on 6 November, with Dhanteras demand hopes and an upcoming Q2 result in focus. A preview piece estimated profit near Rs 340 crore, but those are estimates.\"}},{\"@type\":\"Question\",\"name\":\"Is Titan profit growth real?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Titan reported net profit of Rs 2,393 crore versus Rs 1,120 crore, but that includes a reported one-time gain of Rs 671 crore. Without it, profit would be about Rs 1,722 crore by my arithmetic, which is still higher than a year ago.\"}},{\"@type\":\"Question\",\"name\":\"Do jewellery stocks rise on Dhanteras every year?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. Stock prices depend on gold prices, earnings, margins and market conditions, not just the festival. Some years the stocks run up before Dhanteras and fall after, so past festivals do not predict this one.\"}},{\"@type\":\"Question\",\"name\":\"What do retailers expect for Dhanteras sales?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"GJC chairman Rajesh Rokde expects sales up 20% to 30% by value with flat volumes, and Senco targets over 20% growth, per PTI. Higher gold prices lift value even if volume is flat.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy jewellery stocks now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest cannot give personal advice. Jewellery stocks can be volatile and are sensitive to gold prices and valuations. Review the quarterly numbers, your allocation and risk tolerance, and consult a SEBI-registered adviser.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jewellery stocks on Dhanteras: Titan after Q2 results, Kalyan Jewellers rally, brokerage targets and demand views.<\/p>\n","protected":false},"author":35,"featured_media":341714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[16040,5326,7181,7233,7182,21158,635],"class_list":["post-341715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-dhanteras-2026","tag-jewellery-stocks","tag-kalyan-jewellers","tag-pc-jeweller","tag-senco-gold","tag-thangamayil","tag-titan"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["341714"],"rank_math_title":["Jewellery Stocks: Titan, Kalyan Jewellers on Dhanteras"],"rank_math_description":["Jewellery stocks in focus on Dhanteras: Titan gains after Q2 results, Kalyan Jewellers rallies. Prices, brokerage targets, demand views and risks."],"rank_math_focus_keyword":["jewellery stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/jewellery-stocks-on-dhanteras-2026-titan-gains-after-q2-results-kalyan-jewellers.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=341715"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341715\/revisions"}],"predecessor-version":[{"id":341716,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341715\/revisions\/341716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/341714"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=341715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=341715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=341715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}