The table below shows Jewellery Stocks With High Dividend Yields based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
Titan Company Ltd | 308314.76 | 3,445.75 |
Kalyan Jewellers India Ltd | 78,275.63 | 760.1 |
Senco Gold Ltd | 9,063.60 | 1,167.80 |
Thangamayil Jewellery Ltd | 5,848.52 | 2,089.30 |
Goldiam International Ltd | 4,483.26 | 417.25 |
KDDL Ltd | 3,609.96 | 3,000.85 |
Tribhovandas Bhimji Zaveri Ltd | 1,894.75 | 279.42 |
Radhika Jeweltech Ltd | 1,417.06 | 116.47 |
Asian Star Co Ltd | 1,305.75 | 822.55 |
Golkunda Diamonds and Jewellery Ltd | 149.66 | 210.15 |
Table of Contents
What Are Jewellery Stocks?
Jewellery stocks represent shares of companies engaged in the design, manufacture, and retail of jewellery. These stocks are part of the luxury goods sector, often reflecting consumer confidence and discretionary spending patterns, making them sensitive to economic shifts.
Investing in jewellery stocks provides exposure to the luxury market, which can offer high returns during periods of economic prosperity. These stocks tend to perform well when consumer confidence is high, as discretionary spending increases.
However, jewellery stocks can be volatile, influenced by economic downturns and changes in fashion trends. They require careful monitoring and a clear understanding of market and consumer trends to maximize returns and manage risks.
Best Jewellery Stocks With High Dividend Yield In India
The table below shows Best Jewellery Stocks With High Dividend Yield In India based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Radhika Jeweltech Ltd | 116.47 | 158.82 |
Goldiam International Ltd | 417.25 | 145.22 |
Kalyan Jewellers India Ltd | 760.1 | 137.75 |
Tribhovandas Bhimji Zaveri Ltd | 279.42 | 125.16 |
Golkunda Diamonds and Jewellery Ltd | 210.15 | 86.39 |
Senco Gold Ltd | 1,167.80 | 56.77 |
Thangamayil Jewellery Ltd | 2,089.30 | 46.16 |
KDDL Ltd | 3,000.85 | 7.8 |
Asian Star Co Ltd | 822.55 | 4.78 |
Titan Company Ltd | 3,445.75 | -4.35 |
Top Jewellery Stocks With High Dividend Yield
The table below shows Top Jewellery Stocks With High Dividend Yield based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
Goldiam International Ltd | 417.25 | 27.74 |
Tribhovandas Bhimji Zaveri Ltd | 279.42 | 22.55 |
Radhika Jeweltech Ltd | 116.47 | 13.08 |
KDDL Ltd | 3,000.85 | 11.52 |
Titan Company Ltd | 3,445.75 | 8.45 |
Kalyan Jewellers India Ltd | 760.1 | 8.39 |
Senco Gold Ltd | 1,167.80 | 6.85 |
Thangamayil Jewellery Ltd | 2,089.30 | 6.17 |
Asian Star Co Ltd | 822.55 | 2.95 |
Golkunda Diamonds and Jewellery Ltd | 210.15 | 1.03 |
Who Should Invest In Jewellery Stocks With High Dividend Yield?
Investors seeking to diversify into the luxury goods market and those looking for income through dividends should consider jewellery stocks with high dividend yields. These stocks are suitable for investors with a higher risk tolerance and an interest in consumer luxury trends.
Jewellery stocks with high dividends are attractive for income-focused investors because they provide regular payouts, enhancing income streams. This is particularly appealing during economic stability when luxury spending increases, boosting company profits and dividends.
However, these investments require understanding the volatility linked to economic cycles. Investors should be prepared for potential fluctuations in stock prices influenced by changes in consumer spending habits and global economic conditions.
How To Invest In The Jewellery Stocks With High Dividend Yield In India?
To invest in jewellery stocks with high dividend yields in India, start by researching companies within the luxury goods sector that have a history of stable dividends. Use financial services platforms to review their financial health, dividend history, and market performance.
Once potential stocks are identified, consider the timing of your investment. Analyze market trends and consumer spending in luxury goods to choose the optimal time to buy shares. This strategy maximizes the potential for dividend returns and capital appreciation.
Finally, diversify your investment within the sector. Spread your capital across different companies to reduce risk. Continuously monitor the performance of these stocks and the overall health of the luxury market to make informed decisions about buying, holding, or selling.
Performance Metrics Of Jewellery Stocks With High Dividend Yield In India
Performance metrics for jewellery stocks with high dividend yields in India include dividend yield, price-to-earnings (P/E) ratio, return on equity (ROE), and sales growth. These indicators help assess the financial health and profitability of companies in the luxury jewellery sector.
Dividend yield is critical for evaluating the income-generating potential of jewellery stocks. A high dividend yield indicates that a company returns a significant portion of its profits to shareholders, which is attractive to those looking for steady income from their investments.
Other important metrics are the P/E ratio and ROE. The P/E ratio helps investors understand if a stock is overvalued or undervalued relative to its earnings. A healthy ROE indicates efficient management and profitability, essential for sustaining high dividends and ensuring long-term growth in the stock’s value.
Benefits Of Investing In Jewellery Stocks With High Dividend Yield
The main benefits of investing in jewellery stocks with high dividend yield include attractive regular income through dividends, the potential for significant capital appreciation, and exposure to the luxury goods market, which can perform well during economic upturns, enhancing the overall return on investment.
- Golden Dividends: Jewellery stocks with high dividend yields provide a steady flow of income, making them an attractive option for investors seeking regular payouts. These dividends can be especially lucrative during times of economic prosperity when luxury spending spikes.
- Sparkling Potential: Investing in jewellery stocks offers potential for capital appreciation. As the demand for luxury goods increases with economic growth, the value of these stocks may rise significantly, providing investors not just income but also an opportunity to benefit from market uptrends.
- Luxury Exposure: By investing in jewellery stocks, investors gain exposure to the luxury market segment, which tends to be resilient during economic downturns compared to basic consumer goods. This sector often maintains customer loyalty and spending, even in less favourable economic conditions.
Challenges Of Investing In Jewellery Stocks With High Dividend Yield
The main challenges of investing in jewellery stocks with high dividend yield include market volatility, sensitivity to economic downturns, and exposure to fluctuating gold and precious metals prices. These factors can significantly affect the profitability and stability of dividends in the luxury jewellery sector.
- Glistening Volatility: Jewellery stocks are highly sensitive to market shifts and economic changes. During downturns, consumer spending on luxury goods can diminish, leading to significant stock price fluctuations and impacting investment stability.
- Precious Uncertainties: The prices of gold and other precious metals, critical materials for jewellery, are inherently volatile. This fluctuation can affect the cost of goods sold and the margins of jewellery companies, thereby influencing their profitability and ability to sustain high dividends.
- Economic Sensitivity: Jewellery stocks often mirror the broader economic environment due to their reliance on discretionary spending. In times of economic strain, such as recessions, sales may decline, which can lead to reduced dividends and affect long-term investment returns.
Introduction To Best Jewellery Stocks With High Dividend Yield
Titan Company Ltd
The Market Cap of Titan Company Ltd is ₹308,314.76 crores. The company has seen a monthly return of 8.45%, while the annual return has been -4.35%. The stock is currently 12.8% away from its 52-week high.
Titan Company Ltd, part of the Tata Group, is a renowned name in the jewellery, watches, and eyewear industries. Known for brands like Tanishq and Fastrack, Titan has revolutionized these sectors with its innovative designs and customer-centric approach.
The company is committed to quality and sustainability, ensuring ethical sourcing and manufacturing practices. With a significant global presence, Titan has set benchmarks for style and precision, becoming a household name synonymous with trust and luxury.
Kalyan Jewellers India Ltd
The Market Cap of Kalyan Jewellers India Ltd is ₹78,275.63 crores. The company has seen a monthly return of 8.39%, while the annual return has been 137.75%. The stock is currently 3.44% away from its 52-week high.
Kalyan Jewellers is a leading Indian jewellery brand, known for its vast range of traditional and modern designs. With a strong retail network across India and the Middle East, it caters to diverse customer preferences.
The brand emphasizes purity and transparency, offering hallmark-certified gold and diamond jewellery. Its innovative campaigns and commitment to customer satisfaction have earned it a loyal clientele and a significant market share.
Senco Gold Ltd
The Market Cap of Senco Gold Ltd is ₹9,063.60 crores. The company has seen a monthly return of 6.85%, while the annual return has been 56.77%. The stock is currently 32.21% away from its 52-week high.
Senco Gold Ltd is a trusted name in the Indian jewellery industry, celebrated for its craftsmanship and unique designs. The company specializes in gold and diamond jewellery, blending traditional artistry with contemporary trends.
With a growing footprint across India, Senco Gold has built a reputation for authenticity and customer trust. It is committed to promoting sustainable practices while continuing to innovate in the jewellery segment.
Thangamayil Jewellery Ltd
The Market Cap of Thangamayil Jewellery Ltd is ₹5,848.52 crores. The company has seen a monthly return of 6.17%, while the annual return has been 46.16%. The stock is currently 26.84% away from its 52-week high.
Thangamayil Jewellery is a prominent South Indian jewellery retailer, specializing in traditional gold, diamond, and silver ornaments. The brand is known for its intricate craftsmanship and adherence to high-quality standards.
The company caters primarily to Tamil Nadu markets, focusing on cultural preferences and festive designs. Thangamayil continues to uphold its legacy of trust and excellence, making it a preferred choice among customers.
Goldiam International Ltd
The Market Cap of Goldiam International Ltd is ₹4,483.26 crores. The company has seen a monthly return of 27.74%, while the annual return has been 145.22%. The stock is currently 6.76% away from its 52-week high.
Goldiam International Ltd is a leading exporter of diamond jewellery, offering innovative designs and unmatched quality. The company is a trusted partner for global retailers, known for its expertise in crafting fine jewellery.
Its emphasis on ethical sourcing and advanced manufacturing techniques has earned it recognition in international markets. Goldiam continues to set industry benchmarks with its sustainable practices and creative excellence.
KDDL Ltd
The Market Cap of KDDL Ltd is ₹3,609.96 crores. The company has seen a monthly return of 11.52%, while the annual return has been 7.8%. The stock is currently 27.14% away from its 52-week high.
KDDL Ltd is a key player in the watch components and precision engineering industry. Known for its innovative solutions, the company supplies to prominent watch brands globally, ensuring precision and durability.
KDDL has diversified into luxury retail through its subsidiary Ethos, which specializes in premium watches. Its dedication to quality and innovation has established it as a trusted name in the precision engineering domain.
Tribhovandas Bhimji Zaveri Ltd
The Market Cap of Tribhovandas Bhimji Zaveri Ltd is ₹1,894.75 crores. The company has seen a monthly return of 22.55%, while the annual return has been 125.16%. The stock is currently 28.97% away from its 52-week high.
Tribhovandas Bhimji Zaveri (TBZ) is one of India’s oldest jewellery brands, with a heritage spanning over a century. It is renowned for its exquisite craftsmanship and timeless jewellery collections.
TBZ caters to diverse customer tastes, offering a mix of traditional and contemporary designs. Its focus on innovation and superior quality has made it a trusted name in the Indian jewellery market.
Radhika Jeweltech Ltd
The Market Cap of Radhika Jeweltech Ltd is ₹1,417.06 crores. The company has seen a monthly return of 13.08%, while the annual return has been 158.82%. The stock is currently 35.11% away from its 52-week high.
Radhika Jeweltech Ltd is an emerging player in the jewellery market, offering a wide range of gold and diamond ornaments. The company focuses on delivering premium quality at competitive prices.
It has a growing retail presence, catering to both traditional and modern customer preferences. Radhika Jeweltech continues to expand its reach while maintaining a strong commitment to customer satisfaction.
Asian Star Co Ltd
The Market Cap of Asian Star Co Ltd is ₹1,305.75 crores. The company has seen a monthly return of 2.95%, while the annual return has been 4.78%. The stock is currently 21.17% away from its 52-week high.
Asian Star Co Ltd is a leading name in the diamond and jewellery sector, with expertise in diamond cutting, polishing, and jewellery manufacturing. It caters to global markets, offering bespoke jewellery solutions.
The company is committed to sustainability and ethical practices, ensuring transparency in sourcing and production. Its innovative designs and high-quality standards have earned it a strong reputation worldwide.
Golkunda Diamonds and Jewellery Ltd
The Market Cap of Golkunda Diamonds and Jewellery Ltd is ₹149.66 crores. The company has seen a monthly return of 1.03%, while the annual return has been 86.39%. The stock is currently 44.61% away from its 52-week high.
Golkunda Diamonds and Jewellery Ltd specializes in manufacturing and exporting diamond-studded jewellery. The company combines traditional craftsmanship with modern designs, catering to a diverse clientele.
Its commitment to quality and ethical practices has helped it establish a niche in the competitive diamond industry. Golkunda continues to innovate, delivering exceptional products to global markets.
List Of Jewellery Stocks With High Dividend Yield – FAQs
Best Jewellery Stocks With High Dividend Yield 1: Titan Company Ltd
Best Jewellery Stocks With High Dividend Yield 2: Thangamayil Jewellery Ltd
Best Jewellery Stocks With High Dividend Yield 3: KDDL Ltd
Best Jewellery Stocks With High Dividend Yield 4: Goldiam International Ltd
Best Jewellery Stocks With High Dividend Yield 5: Asian Star Co Ltd
The Top Best Jewellery Stocks With High Dividend Yield based on market capitalization.
The top jewellery stocks with high dividend yields include Titan Company Ltd, Thangamayil Jewellery Ltd, KDDL Ltd, Goldiam International Ltd, and Asian Star Co Ltd. These companies are known for their strong financials and consistent dividend payouts, making them attractive options for income-focused investors.
Yes, you can invest in jewellery stocks with high dividend yields in India. It’s important to conduct thorough research on the financial health and dividend history of the companies and consider consulting a financial advisor to ensure these investments align with your financial goals and risk tolerance.
Investing in jewellery stocks with high dividend yields can be good if you seek regular income and have an interest in luxury markets. However, it’s crucial to be mindful of their volatility and economic sensitivity. Thorough research and understanding of market conditions are essential before making investment decisions.
To invest in jewellery stocks with high dividend yields, research and identify financially stable companies with a consistent dividend history. Use a reliable brokerage platform to purchase shares. Diversify your investments within the sector to mitigate risks and continuously monitor economic trends affecting the luxury market.
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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.