Best Jewellery Stocks in NSE India (2025)

What are Jewellery Stocks?

About Top 5 Jewellery Stocks in India

1. Titan Company Ltd: Titan Company makes fashion accessories like jewellery, watches, eyewear under brands like Tanishq, Fastrack, Titan Eye Plus and has an integrated retail presence across the country.
2. Kalyan Jewellers India Ltd: Kalyan Jewellers has retail jewellery stores across India and, Middle East, with 315 showrooms and focuses on transparency, trust and customer friendly policies.
3. PC Jeweller Ltd: PC Jeweller manufactures, retails and exports gold diamond jewellery through large format stores across India and specialises in wedding jewellery, hallmarked gold and certified diamonds with in-house manufacturing facilities.
4. P N Gadgil Jewellers Ltd: P N Gadgil Jewellers, established in 1832, has retail jewellery stores in Maharashtra, Goa, California and specialises in traditional Maharashtrian jewellery designs, gold and diamond products.
5. Thangamayil Jewellery Ltd: Thangamayil Jewellery has retail jewellery chains across Tamil Nadu and focuses on tier two, tier three cities and has 38 large format stores.

How to Invest in Jewellery Stocks in India?

Here is how you can invest in jewellery stocks in NSE:

1. Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
2. Conduct thorough research into the top jewel stocks in India that are of interest to you. Investors can use tools like the Tickertape Stocks Screener to do this. The screener offers 200+ built-in filters to choose from, and investors can choose the parameters to research and generate different jewellery share price lists. You can also check out more about Gold as an investment here!
3. Place a ‘Buy’ Order on the top jewel stocks of your choosing. 

Brief Overview of the Jewellery Industry in India

Features of Jewellery Stocks in India

• Brand Recognition: Jewellery stocks in India included in the top jewellery share lists often feature companies with strong brand recognition. Well-known brands benefit from customer trust and loyalty, contributing to steady sales and long-term growth. Check out the top silver stocks to invest in here!
• 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.
• Design Innovation: Jewellery companies that regularly introduce new designs and materials attract trend-conscious consumers. Innovation in design enables these companies to stay competitive in a rapidly evolving market.
• Sustainability Initiatives: Many listed jewellery companies in India are increasingly adopting ethical sourcing and sustainable practices. This not only appeals to environmentally conscious consumers but also enhances the brand’s reputation.

Benefits of Investing in Jewellery Stocks in India

Risks of Investing in Jewellery Stocks in India

• Price Volatility of Gold: Demand and margins in gold jewellery stocks are highly sensitive to fluctuations in international gold and precious metal prices.
• Regulatory Pressures: Duties, GST changes, and restrictions often influence profitability, making jewellery sector stocks dependent on regulatory policies.
• Seasonal Dependence: Many Indian jewellery companies see peak demand during weddings and festivals, creating cyclical sales patterns.
• Inventory Costs: Large inventories of gold and diamonds tie up capital, which can affect liquidity and the stability of jewellery stocks for investment.
• Competition from Unorganised Sector: Despite growth in branded players, unorganised retailers still hold a major share, influencing jewellery stock performance in India.
• Global Trade Risks: Export-oriented firms remain exposed to currency shifts and shifting demand, which is reflected in jewellery stock market trends.

Factors to Consider When Investing in Jewellery Stocks

• Gold Price: International gold and precious metal prices have a direct impact on jewellery stocks as a raw material cost.
• Market Share: Top jewellery companies in India have a strong national presence and organised retail expansion, which gives them visibility and competitiveness.
• Brand Value: Established brands with trust, hallmarking and quality assurance get long-term loyalty, and that’s reflected in jewellery shares of India.
• Financials: Debt, working capital and profitability margins are closely looked into while analysing jewellery stocks as it reflect financial stability.
• Export Footprint: Companies with a diversified export base balance out domestic demand cycles, which is a point often highlighted while discussing jewellery sector investment.
• Consumer Shifts: Lightweight, design led and diamond jewellery is the growing demand which is shaping the market and when you track jewellery stocks 2025.