The table below shows High Dividend Yield Jewellery Stocks under Rs.1000 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (Rs) |
Renaissance Global Ltd | 873.74 | 92.56 |
Radhika Jeweltech Ltd | 822.58 | 69.71 |
Laxmi Goldorna House Ltd | 548.93 | 263 |
Utssav CZ Gold Jewels Ltd | 350.96 | 147.35 |
Uday Jewellery Industries Ltd | 275.05 | 124.9 |
Goldkart Jewels Ltd | 268.99 | 160.25 |
Ashapuri Gold Ornament Ltd | 232.65 | 6.98 |
Sonam Ltd | 194.48 | 48.58 |
Content:
- What are Jewellery Stocks?
- Best High Dividend Yield Jewellery Stocks under ₹1000
- Top High Dividend Yield Jewellery Stocks under Rs.1000
- Who Should Invest In High Dividend Yield Jewellery Stocks under Rs.1000?
- How To Invest In The High Dividend Yield Jewellery Stocks under Rs.1000?
- Performance Metrics Of High Dividend Yield Jewellery Stocks under Rs.1000
- Benefits Of Investing In High Dividend Yield Jewellery Stocks under 1000
- Challenges Of Investing In High Dividend Yield Jewellery Stocks under ₹1000
- Introduction to High Dividend Yield Jewellery Stocks under Rs.1000
- Top High Dividend Yield Jewellery Stocks under ₹1000 – FAQs
What are Jewellery Stocks?
Jewellery stocks refer to shares of companies involved in the design, manufacture, and sale of jewellery products. These stocks represent ownership in firms that operate within the jewellery industry, including those specializing in precious metals, gemstones, and luxury items. Investors buy these stocks to gain exposure to the performance of the jewellery market, which can be influenced by factors such as consumer demand, raw material prices, and economic conditions.
Best High Dividend Yield Jewellery Stocks under ₹1000
The table below shows the Best High Dividend Yield Jewellery Stocks under ₹1000 based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Laxmi Goldorna House Ltd | 263 | 673.53 |
Goldkart Jewels Ltd | 160.25 | 220.5 |
Radhika Jeweltech Ltd | 69.71 | 95.27 |
Sonam Ltd | 48.58 | 92.21 |
Utssav CZ Gold Jewels Ltd | 147.35 | 27.52 |
Uday Jewellery Industries Ltd | 124.9 | -2.04 |
Renaissance Global Ltd | 92.56 | -2.57 |
Ashapuri Gold Ornament Ltd | 6.98 | -21.67 |
Top High Dividend Yield Jewellery Stocks under Rs.1000
The table below shows the Top High Dividend Yield Jewellery Stocks under Rs.1000 based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Ashapuri Gold Ornament Ltd | 6.98 | 8,32,121.00 |
Radhika Jeweltech Ltd | 69.71 | 29,20,817.00 |
Sonam Ltd | 48.58 | 2,26,554.00 |
Renaissance Global Ltd | 92.56 | 1,29,125.00 |
Utssav CZ Gold Jewels Ltd | 147.35 | 84,000.00 |
Goldkart Jewels Ltd | 160.25 | 5,000.00 |
Uday Jewellery Industries Ltd | 124.9 | 2,482.00 |
Laxmi Goldorna House Ltd | 263 | 397 |
Who Should Invest In High Dividend Yield Jewellery Stocks under Rs.1000?
Investors seeking steady income and lower risk may find high dividend yield jewellery stocks appealing. These stocks offer regular dividend payouts, which can provide a stable income stream, making them suitable for conservative investors or retirees looking for predictable returns.
Additionally, those interested in the growth potential of the jewellery sector, combined with attractive dividends, should consider these stocks. They allow investors to benefit from the sector’s expansion while enjoying consistent dividend income.
However, individuals must assess the stock’s fundamentals and ensure they align with their investment goals before committing.
How To Invest In The High Dividend Yield Jewellery Stocks under Rs.1000?
To invest in high dividend yield jewellery stocks under Rs.1000, start by researching companies with a strong dividend history. Evaluate their financial health and stability to ensure reliable payouts.
Next, use a stock screening tool or consult a financial advisor to identify suitable stocks within your budget. Look for stocks trading under Rs.1000 that offer competitive dividend yields.
Finally, open a brokerage account with a reputable brokerage firm like Alice Blue. Place buy orders for the selected stocks and monitor their performance and dividend payouts regularly.
Performance Metrics Of High Dividend Yield Jewellery Stocks under Rs.1000
Performance metrics for high dividend yield jewellery stocks under Rs.1000 typically include dividend yield, which measures the annual dividend as a percentage of the stock price. A higher yield indicates better income potential for investors.
Another key metric is the payout ratio, which shows the percentage of earnings distributed as dividends. A sustainable payout ratio suggests the company can maintain or increase dividends.
Lastly, consider the stock’s price-to-earnings (P/E) ratio and earnings growth. A low P/E ratio with steady earnings growth can indicate undervalued stocks with strong potential for future returns.
Benefits Of Investing In High Dividend Yield Jewellery Stocks under 1000
The main benefits of investing in high dividend yield jewellery stocks under Rs.1000 include steady income, lower risk, growth potential, and affordability.
1. Steady Income: Regular dividend payments provide a consistent income stream, especially appealing for retirees or conservative investors.
2. Lower Risk: High dividend yield stocks often indicate financial stability, reducing investment risk compared to non-dividend-paying stocks.
3. Growth Potential: Investing in jewellery stocks under Rs.1000 allows participation in a growing sector while enjoying attractive dividend yields.
4. Affordability: These stocks are budget-friendly, enabling investors to diversify their portfolios without significant capital outlay.
Challenges Of Investing In High Dividend Yield Jewellery Stocks under ₹1000
The main challenges of investing in high dividend yield jewellery stocks under Rs.1000 include limited growth prospects, market volatility, lower liquidity, and the potential for unsustainable dividends.
1. Limited Growth Prospects: High dividend yields may indicate slower growth, potentially limiting capital appreciation and long-term returns.
2. Market Volatility: Jewellery stocks can be sensitive to market fluctuations, impacting both stock prices and dividend stability.
3. Lower Liquidity: Stocks priced under Rs.1000 may have lower trading volumes, making it harder to buy or sell without affecting the price.
4. Potential for Unsustainable Dividends: High yields might result from unsustainable dividend payouts, risking future reductions or elimination of dividends.
Introduction to High Dividend Yield Jewellery Stocks under Rs.1000
Renaissance Global Ltd
The Market Cap of Renaissance Global Ltd is ₹873.74 crore. The stock’s 1-month return is -5.01%, and its 1-year return is -2.57%. It is currently 58.11% away from its 52-week high.
Renaissance Global Ltd is a prominent player in the jewellery and lifestyle products industry, known for its innovative designs and craftsmanship. The company specializes in diamond jewellery and licensed merchandise, catering to global markets, including the U.S. and Europe.
Renaissance Global Ltd’s success is driven by strategic collaborations with leading global brands and a strong e-commerce presence. The company’s focus on sustainability and ethical sourcing strengthens its market position, ensuring long-term growth and profitability in the competitive luxury goods sector.
Radhika Jeweltech Ltd
The Market Cap of Radhika Jeweltech Ltd is ₹822.58 crore. The stock’s 1-month return is 21.28%, and its 1-year return is 95.27%. It is currently 12.25% away from its 52-week high.
Radhika Jeweltech Ltd is a renowned jewellery retailer based in Rajkot, specializing in gold and diamond jewellery. The company is known for its exquisite designs and craftsmanship, catering to a diverse clientele in both local and regional markets.
Radhika Jeweltech Ltd’s growth is fueled by its strong brand reputation and customer loyalty. The company’s focus on quality, innovative designs, and competitive pricing ensures a steady demand. Strategic expansion into new markets and product lines supports its long-term profitability and market presence.
Laxmi Goldorna House Ltd
The Market Cap of Laxmi Goldorna House Ltd is ₹548.93 crore. The stock’s 1-month return is -18.83% and its 1-year return is 673.53%. It is currently 50.82% away from its 52-week high.
Laxmi Goldorna House Ltd is a prominent jewellery manufacturer and retailer, specializing in gold, silver, and diamond ornaments. Based in Ahmedabad, the company is recognized for its intricate designs and craftsmanship, catering to both local and regional markets.
Laxmi Goldorna House Ltd’s growth is driven by its commitment to quality and customer satisfaction. The company continuously expands its product range to meet evolving consumer preferences. Strategic investments in technology and marketing strengthen its market presence, ensuring long-term profitability and brand loyalty.
Utssav CZ Gold Jewels Ltd
The Market Cap of Utssav CZ Gold Jewels Ltd is ₹350.96 crore. The stock’s 1-month return is 27.59%, and its 1-year return is 27.52%. It is currently 0.00% away from its 52-week high.
Utssav CZ Gold Jewels Ltd is a leading manufacturer and retailer specializing in cubic zirconia (CZ) gold jewellery. Known for its high-quality and affordable designs, the company caters to a wide clientele across India, offering contemporary and traditional styles.
Utssav CZ Gold Jewels Ltd’s success is fueled by its focus on innovation and customer satisfaction. The company continually updates its product line to reflect the latest fashion trends. Strategic expansion into new markets and a strong online presence support its long-term growth and brand recognition.
Uday Jewellery Industries Ltd
The Market Cap of Uday Jewellery Industries Ltd is ₹275.05 crore. The stock’s 1-month return is -11.22%, and its 1-year return is -2.04%. It is currently 103.12% away from its 52-week high.
Uday Jewellery Industries Ltd is a prominent player in the jewellery sector, specializing in the design and manufacture of gold and diamond jewellery. The company is known for its craftsmanship and offers a diverse range of elegant and contemporary jewellery pieces.
Uday Jewellery Industries Ltd’s growth is driven by its emphasis on quality and innovation. The company’s strong market presence and strategic expansion efforts enhance its brand visibility. Focused on customer satisfaction and efficient operations, Uday Jewellery Industries Ltd continues to thrive in the competitive jewellery industry.
Goldkart Jewels Ltd
The Market Cap of Goldkart Jewels Ltd is ₹268.99 crore. The stock’s 1-month return is 32.55%, and its 1-year return is 220.50%. It is currently 5.02% away from its 52-week high.
Goldkart Jewels Ltd is a renowned jewellery retailer specializing in high-quality gold and diamond ornaments. Known for its sophisticated designs and craftsmanship, the company caters to a wide range of customers, providing both traditional and modern jewellery styles.
Goldkart Jewels Ltd’s growth is supported by its commitment to exceptional customer service and innovative product offerings. The company’s strategic use of digital platforms enhances its market reach, while its focus on quality and design ensures strong brand loyalty and long-term success.
Ashapuri Gold Ornament Ltd
The Market Cap of Ashapuri Gold Ornament Ltd is ₹232.65 crore. The stock’s 1-month return is -10.13%, and its 1-year return is -21.67%. It is currently 133.10% away from its 52-week high.
Ashapuri Gold Ornament Ltd is a prominent manufacturer and retailer specializing in gold jewellery. Renowned for its intricate designs and high-quality craftsmanship, the company caters to diverse customer preferences, offering both traditional and contemporary jewellery pieces.
Ashapuri Gold Ornament Ltd’s growth is driven by its strong market presence and commitment to excellence. By focusing on customer satisfaction and expanding its product range, the company maintains a competitive edge. Strategic investments in technology and design innovation support its ongoing success in the jewellery industry.
Sonam Ltd
The Market Cap of Sonam Ltd is ₹194.48 crore. The stock’s 1-month return is 40.02%, and its 1-year return is 92.21%. It is currently 22.27% away from its 52-week high.
Sonam Ltd is a well-established manufacturer of jewellery, specializing in gold and diamond ornaments. Known for its elegant designs and superior craftsmanship, the company serves a broad customer base with a diverse range of traditional and contemporary jewellery styles.
Sonam Ltd’s growth is supported by its strong market presence and commitment to quality. By leveraging advanced manufacturing techniques and focusing on customer satisfaction, the company enhances its competitive edge. Strategic expansion and innovation in design further drive its long-term success in the jewellery sector.
Top High Dividend Yield Jewellery Stocks under ₹1000 – FAQs
Best High Dividend Yield Jewellery Stocks under ₹1000 #1: Renaissance Global Ltd
Best High Dividend Yield Jewellery Stocks under ₹1000 #2: Radhika Jeweltech Ltd
Best High Dividend Yield Jewellery Stocks under ₹1000 #3: Laxmi Goldorna House Ltd
Best High Dividend Yield Jewellery Stocks under ₹1000 #4: Utssav CZ Gold Jewels Ltd
Best High Dividend Yield Jewellery Stocks under ₹1000 #5: Uday Jewellery Industries Ltd
The Best High Dividend Yield Jewellery Stocks under ₹1000 based on market capitalization.
The top high dividend yield Jewellery stocks under Rs. 1000 based on 1-year returns are Laxmi Goldorna House Ltd, Goldkart Jewels Ltd, Radhika Jeweltech Ltd, Sonam Ltd, and Utssav CZ Gold Jewels Ltd.
Yes, you can invest in high dividend-yield jewellery stocks under Rs.1000. These stocks can offer attractive dividend payouts and potential sector growth, but it’s essential to assess their financial stability, growth prospects and risks before making an investment decision.
Investing in high dividend-yield jewellery stocks under Rs.1000 can be good if you seek regular income and sector exposure. However, evaluate the stock’s financial health, growth potential, and market risks to ensure it aligns with your investment goals and risk tolerance.
To invest in high dividend yield Jewellery stocks under ₹1000, open a brokerage account, identify financially strong companies with consistent dividends, low debt, and high ROE, and choose those with a history of rewarding shareholders through dividends.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.