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 | 298,398.25 | 3,361.15 |
| Thangamayil Jewellery Ltd | 3,419.33 | 1,246.15 |
| KDDL Ltd | 3,252.38 | 2,594.20 |
| Goldiam International Ltd | 1,773.87 | 166.10 |
| Asian Star Co Ltd | 1,334.49 | 833.70 |
| Tribhovandas Bhimji Zaveri Ltd | 750.72 | 112.50 |
| Radhika Jeweltech Ltd | 731.60 | 62.00 |
| Veeram Securities Ltd | 71.63 | 9.47 |
Content:
- What Are Jewellery Stocks?
- Best Jewellery Stocks With High Dividend Yield In India
- Top Jewellery Stocks With High Dividend Yield
- Who Should Invest In Jewellery Stocks With High Dividend Yield?
- How To Invest In The Jewellery Stocks With High Dividend Yield In India?
- Performance Metrics Of Jewellery Stocks With High Dividend Yield In India
- Benefits Of Investing In Jewellery Stocks With High Dividend Yield
- Challenges Of Investing In Jewellery Stocks With High Dividend Yield
- Introduction To Best Jewellery Stocks With High Dividend Yield
- List Of Jewellery Stocks With High Dividend Yield – FAQs
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 (%) |
| KDDL Ltd | 2,594.20 | 131.58 |
| Thangamayil Jewellery Ltd | 1,246.15 | 125.65 |
| Radhika Jeweltech Ltd | 62.00 | 68.94 |
| Tribhovandas Bhimji Zaveri Ltd | 112.50 | 61.29 |
| Titan Company Ltd | 3,361.15 | 21.67 |
| Asian Star Co Ltd | 833.70 | 16.62 |
| Goldiam International Ltd | 166.10 | 13.03 |
| Veeram Securities Ltd | 9.47 | 6.40 |
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 (%) |
| Asian Star Co Ltd | 833.70 | 4.92 |
| KDDL Ltd | 2,594.20 | 2.05 |
| Veeram Securities Ltd | 9.47 | 0.87 |
| Radhika Jeweltech Ltd | 62.00 | -6.28 |
| Goldiam International Ltd | 166.10 | -8.30 |
| Titan Company Ltd | 3,361.15 | -8.49 |
| Thangamayil Jewellery Ltd | 1,246.15 | -8.69 |
| Tribhovandas Bhimji Zaveri Ltd | 112.50 | -12.09 |
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 ₹2,98,398.25 crore. The stock has an annual return of 21.67% and a one-month return of -8.49%. It is currently 15.64% away from its 52-week high.
Titan Company Limited is an India-based consumer lifestyle company primarily involved in manufacturing and selling watches, jewellery, eyewear, and other accessories. The company’s segments include Watches and Wearables, Jewellery, Eyewear, and Others. The Watches and Wearables segment features brands like Titan, Fastrack, Sonata, and Helios.
The Jewellery segment includes brands such as Tanishq, Mia, Zoya, and CaratLane, while the Eyewear segment features Titan EyePlus. The Others segment covers Aerospace & Defence, Automation Solutions, Fragrances, Accessories, and Indian dress wear. Titan’s new businesses include Skinn and Taneira. Subsidiaries include Titan Engineering & Automation Limited, Caratlane Trading Private Limited, and Favre Leuba AG.
Thangamayil Jewellery Ltd
The Market Cap of Thangamayil Jewellery Ltd is ₹3,419.33 crore. The stock has an annual return of 125.65% and a one-month return of -8.69%. It is currently 24.34% away from its 52-week high.
Thangamayil Jewellery Limited, based in India, specializes in the manufacturing and sale of jewellery and accessories. The company deals in gold jewellery, diamonds, and silver articles. It operates across approximately 78,000 square feet, encompassing 41 Thangamayil showrooms and 13 Thangamayil Plus exclusive silver showrooms.
The company has branches in various locations, including Madurai, Rajapalayam, Sivakasi, and others. Its exclusive showrooms for silver are situated in places like Tiruppuvanam, Devakottai, and Sattur. Additionally, Thangamayil Jewellery has established a manufacturing unit in Madurai (Chinthamani), enhancing its production capabilities.
KDDL Ltd
The Market Cap of KDDL Ltd is ₹3,252.38 crore. The stock has an annual return of 131.58% and a one-month return of 2.05%. It is currently 20.26% away from its 52-week high.
KDDL Limited is an India-based engineering company specializing in the manufacturing of watch components, including dials and hands, precision engineering components, and press tools. The company’s segments include Precision and Watch Components, Watch and Accessories, Marketing Support and Other Services, Luxury Cars, and Others.
The Precision and Watch Components segment focuses on manufacturing and distributing dials, watch hands, and precision components. The Watch and Accessories segment trades watches and accessories. The Marketing Support segment offers IT-based business solutions, while the Others segment manufactures and distributes packaging boxes. Through its subsidiary, Ethos Limited, KDDL manages a retail chain of luxury Swiss watches. The company has manufacturing facilities in Pawanoo, Derabassi, and Bangalore.
Goldiam International Ltd
The Market Cap of Goldiam International Ltd is ₹1,773.87 crore. The stock has an annual return of 13.03% and a one-month return of -8.30%. It is currently 30.34% away from its 52-week high.
Goldiam International Limited, based in India, specializes in manufacturing and exporting diamond-studded gold and silver jewellery. As a fully integrated original equipment manufacturer (OEM) partner, it caters to retailers. The company operates through two segments: jewellery manufacturing and investment activity, offering a wide range of products.
The company’s product line includes engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewellery earrings, pendants, and necklaces. Goldiam International exports its diamond products to the United States, Europe, and other countries. Its subsidiaries include Goldiam Jewellery Limited, Diagold Designs Limited, Eco-Friendly Diamonds LLP, and Goldiam USA, Inc.
Asian Star Co Ltd
The Market Cap of Asian Star Co Ltd is ₹1,334.49 crore. The stock has an annual return of 16.62% and a one-month return of 4.92%. It is currently 25.51% away from its 52-week high.
Asian Star Company Limited is an India-based diamantaires company engaged in diamond cutting and polishing, jewellery manufacturing, and retailing. The company’s segments include Diamonds, Jewellery, and Others, with vertically integrated operations spanning from rough sourcing to retailing. The Others segment also includes wind energy generation.
The company’s product range includes generic diamonds, certified diamonds, mine-origin program diamonds, and special-cut diamonds. It serves a diverse customer base, including jewellery manufacturers, retail chains, and e-commerce businesses across Asia, Europe, the USA, the Middle East, Australia, and South Africa. Asian Star operates three in-house jewellery manufacturing facilities in Mumbai and Hosur.
Tribhovandas Bhimji Zaveri Ltd
The Market Cap of Tribhovandas Bhimji Zaveri Ltd is ₹750.72 crore. The stock has an annual return of 61.29% and a one-month return of -12.09%. It is currently 28.84% away from its 52-week high.
Tribhovandas Bhimji Zaveri Limited is an Indian jewellery company specializing in the retail sale of ornaments made from gold, diamond, silver, platinum, and precious stones. The company operates around 32 showrooms across 12 states in India, with 29 directly operated and the remaining as franchise stores.
The company offers a diverse range of products including plain gold, diamond-studded, precious and semi-precious stone-studded, lightweight contemporary, and temple jewellery. Their product categories feature necklaces, bangles, bracelets, pendants, mangal sutra, earrings, and rings. Collections include bespoke, Leela, Navya, HUES, Kavya, Svara, and Maya, with a focus on traditional Indian designs for weddings and festivities.
Radhika Jeweltech Ltd
The Market Cap of Radhika Jeweltech Ltd is ₹731.60 crore. The stock has an annual return of 68.94% and a one-month return of -6.28%. It is currently 23.39% away from its 52-week high.
Radhika Jeweltech Limited is an India-based jewellery retailer engaged in manufacturing and trading gold, diamond, and platinum jewellery. The company offers a variety of pieces, from lightweight to heavy, in 22-karat and 18-karat gold collections. Their designs feature gold, diamonds, rose gold, and various gemstones.
The company provides a wide range of jewellery, including rings, earrings, pendants, bracelets, necklaces, chains, mangalsutras, and bangles. They cater to different needs, offering daily wear, festival jewellery, wedding trousseau, and personal occasion pieces. Additionally, they sell Kundan collections, meenakari styles, precious and semi-precious stone jewellery, gold coins, bullion, and loose diamond solitaires. They also offer custom-made products.
Veeram Securities Ltd
The Market Cap of Veeram Securities Ltd is ₹71.63 crore. The stock has an annual return of 6.40% and a one-month return of 0.87%. It is currently 23.02% away from its 52-week high.
Veeram Securities Limited is an India-based company engaged in the wholesale, retail, and trading of branded jewellery and ornaments. The company’s offerings include traditional gold and silver jewellery, which may feature kundan, gemstones, or be crafted from plain gold or silver.
The company’s product range includes rings, bracelets, necklaces, ear chains, earrings, pendants, chains, mangalsutras, zudas, toe rings, anklets, and bangles. Veeram Securities caters to a diverse market with a wide variety of jewellery options to meet traditional and contemporary tastes.
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.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.
