Best Jewellery Stocks in India for 2025

Jewellery stocks represent the shares of companies involved in the design, manufacture, retail, or export of jewellery, including gold, silver, diamonds, and other precious metals. These are pieces of ownership in companies that are part of the jewellery supply chain. Investors purchase jewellery company stocks to gain exposure to the growth of the jewellery industry, which is influenced by factors such as consumer spending, economic conditions, and cultural trends.

The best jewellery stocks in India for 2025 include Titan Company, Kalyan Jewellers, PC Jewellers, PN Gadgil Jeweller, and Thangamayii Jewellery. Invest in these jewellery sector stocks in India to generate remarkable returns in the long run.

Best Jewellery Stocks List in India 

Disclaimer: It is to be noted that the best jewellery stocks in India mentioned in the above table are for educational purposes only. Research or consult a financial advisor before investing in any of these stocks. You can also check for real-time insights or expert verdicts on these solar penny stocks from the Univest app.

Overview of Jewellery Stocks in India

1. Kalyan Jewellers India Ltd.

Founded: 1993

Headquarters: Thrissur, Kerala

Market Capitalisation: ₹54,494.38

Kalyan Jewellers draws its attention by covering roots from over a century in the business of textile trading and distribution. From its finest beginning with a single jewellery showroom in 1993, across 137 showrooms has grown today by Kalyan jewellers throughout India and West Asia. Through its long-standing presence in the Indian market of best jewellery stocks in India for over two decades, Kalyan Jewellers has set industry benchmarks in quality, transparency, pricing, and innovation. Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds and precious stones, catering to the distinct needs of different customers. The consumer demand for the best jewellery stocks to buy has also increased.

2. Titan Company Ltd

Founded: 1984 

Headquarters: Electronic City, Bangalore

Market Capitalisation: ₹3,090.00 Cr

Titan Company Ltd is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group, and started as a joint venture with TIDCO. Titan diversified into the best jewellery stocks in India with Tanishq and subsequently into eyewear with Titan Eyeplus. Titan is the largest branded jewellery maker in India by value, with a 6% market share as of 2022. More than 80% of its total revenue comes from the jewellery segment. As of 2019, it is also the fifth-largest watch manufacturer in the world. 

Now, Titan has grown to become a major player across the Indian retail market and is used for transforming the watch and jewellery industry.

3. PC JEWELLERS Ltd.

Founded: 2005

Headquarters: New Delhi

Market Capitalisation: ₹9.30,000 Cr

PC Jeweller engages in the manufacture, export, wholesale and retail of gold and diamond jewellery in India. The company’s business model involves opening large-format, standalone stores at high-street locations. The company sells only hallmarked jewellery and certified diamond jewellery. They give assurance on quality and purity, along with transparent and customer-friendly policies, have enabled PCJ to become an established and trusted brand name in a short period. 

4. P.N. Gardgil Jewellers Ltd.

Founded: 19th November 1832

Headquarters: Pune, India

Market Capitalisation: ₹2,569 Cr

P.N. Gadgil Jewellers Limited, also known as Purushottam Narayan Gadgil Jewellers. It is one of the oldest jewellery companies in India, known for its production of jewellery different to that of Maharashtra. The best jewellery stocks in NSE show good profit growth of 52.1% CAGR over the last 5 years. P.N. Gardgil is among the best jewellery stocks to buy in India. As of 2025, the company is headquartered in Pune and operates 53 retail stores, including 52 in Maharashtra and Goa and also in California. For the year ending March 31, 2025, PC Jeweller has reported its total Operating revenue of Rs. 2243.25 Cr. and equity capital of ₹635.35 Cr. Placing it in the top tier of the best jewellery company stocks in India. If you are looking for high growth, the best Jewellery stocks in NSE. P.N. Gadgil is a good choice, which is backed by legacy and trust.

5. Thangamayil Jewellery Ltd.

Founded: 1947

Headquarters: Madurai, India

Market Capitalisation: ₹6,135Cr.

Thangamayil Jewellery Ltd. released its equity shares in 2010, which were listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in Mumbai. Pride taken by TMJL in having 5072 shareholders, also including Mutual Funds like SBI Magnum Balanced Fund. The Company envisages a bigger share in the competitive market. The Jewellery company stocks of Thangamayil Jewellers Ltd envisage a good market capitalisation rate in India. Segment among organised sectors with 58 stores spread out in Tamil Nadu. For the fiscal year ending March 31, 2024, Thangamayil has reported its revenue of Rs. 3,830 Cr. and solidified its position as one of the best jewellery stocks to buy. If you are looking for the best jewellery stocks in NSE, then Thangamayil Jewellers Ltd is a standout choice backed by the trusted financial statements.

6. Senco Gold Ltd.

Founded: 1994

Headquarters: Kolkata, West Bengal

Market Capitalisation: ₹5,493Cr.

Senco Gold and Diamonds, with an incredible legacy spanning 85Years and generations, with 170-plus stores across India. For exploring the best jewellery stocks to buy, Senco Gold Ltd specialises in crafting exquisite designs in gold, diamonds, platinum and silver. Senco Gold Diamonds has also been certified as one of the best jewellery company stocks for the second consecutive year in 2024.  It is one of the oldest and also one of the best compliance-trusted Jewellery stocks in India. It is also one of the promising Jewellery Stocks in NSE.

7. Rajesh Exports Ltd.

Founded: 1st February 1995

Headquarters: Bangalore, Karnataka

Market Capitalisation: ₹5.28Cr.

Rajesh Exports Limited is an Indian multinational gold retailer headquartered in Bangalore, Karnataka. The company refines, designs and sells gold and jewellery. It was ranked 7th on the Fortune India 500. Listed in 2022, with revenues of ₹2.90 trillion and 462nd in the Fortune Global 500. 

Jewellery Sector in India: An Overview

The jewellery industry plays a significant role in India’s economy, contributing around 7% to the country’s GDP and about 15% to total exports. It is a major source of employment, with over 4.64 million people working across various segments of the sector. India is one of the leading players in diamond cutting and polishing, accounting for approximately 75% of the world’s polished diamond exports.

The Indian government recognises the importance of the jewellery shares sector and has implemented policies to promote investment, technology upgrades, and skills development. 100% Foreign Direct Investment (FDI) is allowed in the jewellery sector, attracting foreign investors. Recent agreements, such as the Comprehensive Economic Partnership Agreement (CEPA) with the UAE, aim to boost exports by providing duty-free access to new markets. With growing demand both domestically and internationally, the jewellery industry is projected to expand steadily, contributing to the long-term growth of the best jewellery stocks in India.

The high growth potential of this promising sector attracts most investors to consider investing in the best jewellery stocks to buy. However, a few people still need clarification on which share from the jewellery stocks list. This piece of research highlights some fundamental strengths and provides an overview to enhance your understanding. Scroll down to learn more about the aspects related to the best jewellery stocks in India.

Factors to Consider for Jewellery Stocks 

Some crucial factors you should consider before investing in top jewellery stocks in India.  These factors will help you avoid significant losses in the Indian stock market. Explore the factors below before investing in the best jewellery stocks in India.

• Compliance Environment

Investors must understand the various industry-related rules and regulations associated with the manufacturing and production process that can impact the operational costs of the jewellery sector stocks. The jewellery company is 

required to maintain true records of the best jewellery stocks to buy for the purpose of a statutory audit.

• Economic Conditions

Investors should also consider the economic conditions before investing in the top jewellery stock. The best jewellery stocks in India are influenced by the prices of gold, silver, and diamonds, which fluctuate based on global market conditions. 

• Market Trends and Demand

Also, understand the current market demands and review the demand for jewellery, analyse consumer demands, preferences, including all the styles, materials, and designs. Investing in the best jewellery stocks to buy is also influenced by market trends and demand.

•  Check Distribution Network

You can prioritise jewellery company stocks with a robust and expanding reach both in India as well as internationally. Their distribution network is offline 

retail stores, online retail stores, wholesale, direct to consumers and also cover 

other channels. Choose the best from the best jewellery stocks list having an effective distribution network. 

• Product Quality

Companies offering high-quality, well-crafted jewellery tend to lead the market. A reputation for premium products helps maintain customer loyalty and supports consistent demand. Consider the best jewellery stocks in India offering quality products. 

•  Technical Indicators

When researching the best jewellery stocks to buy, consider technical parameters such as P/E ratio, P/B ratio, Earnings Per Share, Dividend Yield, Book Value, etc. These indicators might help you choose the top jewellery stocks with low prices in India in 2025.

Best Jewellery Stocks with P/E Ratio:

Here are some of the best Jewellery Stocks in India with P/E( Price to Earnings) Ratio:

  Dividend Yield in Jewellery Stocks:

Benefits of Jewellery Stocks in India

Besides capital appreciation, the best jewellery stocks in India offer investors many other benefits. These include:

1. Stable Demand: The regular cultural and religious importance of gold ensures stable demand and market stability. The increased purchasing power of the middle-class family also contributes to the best jewellery stocks in NSE.

2. Capital Appreciation: Investors can gain exposure by investing in the best jewellery stocks in India. It is beneficial for the market and also establishes new brands in the sector. Investing in top jewellery promotes capital appreciation in the jewellery sector stocks.

3. Inflation Hedge: Some Metals are precious and also made up of rare stones, which are also in high demand due to their limited availability in the jewellery market. Investing in the best jewellery stocks in India might help you deal with inflation. 

4. Government Support: The Government introduced policies like hallmarking and also reduced import duties, due to which the an increase. Due to the government support, it is beneficial to invest in the best jewellery stocks in India 2025.

5. Diversification and Product Portfolio: Review the best jewellery stocks list in India to identify companies with a diverse product range across gold, diamond and silver jewellery segments. Firms that cater to both luxury and mass-market consumers may offer better stability during economic fluctuations. Diversification will help in influencing the market capitalisation.

Risk of Buying Jewellery Stocks

Identify and assess the risks of investing in jewellery company stocks to safeguard your investment portfolio from uncertain consequences. Explore the risks below and find mitigation strategies before investing in the best jewellery stocks in India at low prices.

1. Price Volatility: When there is an increase in prices, the jewellery market industry goes up. This results in higher retail prices and lower demand, because the best jewellery stocks to buy industry mainly rises during festive times. It is uncertain that the jewellery sector stock prices always go higher.

2. Changes in Government Policies: Due to rising import duties or taxes on gold and jewellery, they can directly impact on profitability of the company. This can lead to decreased sales and lower profitability for jewellery companies. Changes in government policies can increase the risk of investing in top jewellery stocks in India.

3. Enormous Competition: The Jewellery Market is one of the competitive markets, as both domestic and international participants are trying for market share. High Competition can lead to a discount battle, reduced profit margins, and slower growth. Competition has risen among the best jewellery stocks list, introducing a unique blend of designs, manufacturing. It also influences the market capitalisation of the best jewellery stocks to buy. 

4. Economic Risks: Fluctuations in the prices of gold, changes in consumer demand, and trade policies like tariffs can create challenges for Jewellery Company stocks. They affect both its supply chain and consumer preferences. The best jewellery stocks in India also diversify their economic risks by focusing on sustainable sourcing.

Other Jewellery Stocks to Consider

    Disclaimer: It is to be noted that jewellery stocks mentioned in the above table are for educational purposes only. Research or consult a financial advisor before investing in any of these stocks. You can also check for real-time insights or expert verdicts on these stocks from the Univest app.     

How to Invest in Jewellery Stocks?

Buying the best Jewellery company stocks could be risky. They can suffer from market volatility and an ineffective cash flow position. Research the best solar energy stocks in India to make a diversified investment portfolio. Consider parameters like net profit growth, EPS (Earnings Per Share), PE (Price-to-Earnings) ratio, and more to choose the best solar penny stocks. You can also consult financial advisors to explore fundamentally strong jewellery company stocks or low-priced jewellery stocks.

Open a Univest Demat Account and place an order to invest. Place an order through your demat account and execute it to invest. In the portfolio section, you can now track your returns or stocks’ performance. Wait for the right time to book a profit so you don’t lose the capital invested. 

Let’s Wrap on Jewellery Stocks

Investing in jewellery company stocks is a long-term investment. Retail jewellery stocks in India can be attractive when investors look for long-term growth, specifically with increasing income and cultural importance in some regions. On the other hand, investors should assess the financial health, Cash flow and EPS of the jewellery sector stocks before investing in them. Researching the best Jewellery stocks in India is important for creating a diversified portfolio. Moreover, you can also consider Univest, the prominent stock advisor of Indian stocks, to make your investment journey with the best jewellery stocks to buy more convenient. 

Conduct your own research to avoid the stock market risk when investing in jewellery stocks!

FAQs

1. What are Jewellery Stocks?

Ans. Jewellery Stocks engaged in the design, production, manufacturing, and are core specialised in precious metal ornaments. Companies that are specialised in gold jewellery play a very important role in showcasing jewellery company stocks. The best jewellery stocks in India can change due to the influencing factors like fluctuations in the gold price and changing preferences in consumer taste.

2. Are jewellery stocks risky?

Ans. Investment in the best jewellery stocks in India could be risky. Investors should explore certain risks before investing in jewellery company stocks. Some types of risk that investors should keep in mind are Price Volatility, Changes in Government Policies, Enormous Competition and Economic Risks.

3. What are the best jewellery stocks in India?

Ans. Here are some of the best jewellery stocks in India, which have low prices and small market capitalisation. 

4.  How fast can jewellery stocks grow?

Ans. It depends on changes in market conditions and sentiments. In future, it may significantly grow as they focus on online sales or innovative designs. The jewellery company’s stocks are performing well in a rapidly growing economy. The consistent demand for jewellery company stocks is increasing, then it will perform as a long-term investment.       

Also Explore

Read Our Articles on the Best Stocks

Best Cement Stocks To Invest in India

What is Earnings Per Share EPS? 

Top Multibagger Penny Stocks For 2025 |  Potential Picks

Fundamentally Strong Stocks on NSE in 2025

Debt-Free Penny Stocks in India 2025

Best Realty Stocks In India 2025

Debt Free Penny Stocks Below 1 Rupee

Best Hotel Stocks in India to Invest In

Best Bike Stocks in India For 2025

Also Explore