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 | 2,97,457.32 | 3,353.35 |
Kalyan Jewellers India Ltd | 50,370.15 | 488.35 |
Senco Gold Ltd | 8,130.35 | 993.9 |
Goldiam International Ltd | 5,274.08 | 493.85 |
Sky Gold Ltd | 5,098.52 | 347.55 |
Thangamayil Jewellery Ltd | 4,718.44 | 1,719.60 |
D P Abhushan Ltd | 3,633.12 | 1,606.80 |
KDDL Ltd | 3,188.22 | 2,592.20 |
Radhika Jeweltech Ltd | 1,359.60 | 115.22 |
Tribhovandas Bhimji Zaveri Ltd | 1,330.54 | 199.39 |
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 (%) |
Sky Gold Ltd | 347.55 | 199.24 |
Goldiam International Ltd | 493.85 | 197.23 |
Radhika Jeweltech Ltd | 115.22 | 143.08 |
D P Abhushan Ltd | 1,606.80 | 140.18 |
Tribhovandas Bhimji Zaveri Ltd | 199.39 | 52.85 |
Kalyan Jewellers India Ltd | 488.35 | 38.68 |
Senco Gold Ltd | 993.9 | 29.17 |
Thangamayil Jewellery Ltd | 1,719.60 | 28.84 |
Golkunda Diamonds and Jewellery Ltd | 237.9 | 7.48 |
Asian Star Co Ltd | 777.6 | -7.43 |
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 | 493.85 | 18.19 |
Radhika Jeweltech Ltd | 115.22 | 10.9 |
Golkunda Diamonds and Jewellery Ltd | 237.9 | 10.19 |
D P Abhushan Ltd | 1,606.80 | 3.67 |
Titan Company Ltd | 3,353.35 | -0.67 |
Asian Star Co Ltd | 777.6 | -4.47 |
Senco Gold Ltd | 993.9 | -10.86 |
Sky Gold Ltd | 347.55 | -14.19 |
Thangamayil Jewellery Ltd | 1,719.60 | -14.69 |
KDDL Ltd | 2,592.20 | -15.9 |
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 Rs 2,97,457.32 crore. The stock has a 1-month return of -0.67% and a 1-year return of -10.33%. It is currently 15.91% 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 Rs 50,370.15 crore. The stock has a 1-month return of -33.01% and a 1-year return of 38.68%. It is currently 62.87% 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 Rs 8,130.35 crore. The stock has a 1-month return of -10.86% and a 1-year return of 29.17%. It is currently 55.35% 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.
Goldiam International Ltd
The Market Cap of Goldiam International Ltd is Rs 5,274.08 crore. The stock has a 1-month return of 18.19% and a 1-year return of 197.23%. It is currently 15.22% 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.
Sky Gold Ltd
The Market Cap of Sky Gold Ltd is Rs 5,098.52 crore. The stock has a 1-month return of -14.19% and a 1-year return of 199.24%. It is currently 40.57% away from its 52-week high.
Sky Gold Ltd, founded in 2008, is a prominent player in gold jewellery manufacturing. The company specializes in lightweight and intricately designed ornaments, catering to both domestic and international markets.
Sky Gold is recognized for its modern production techniques and high-quality standards. By blending traditional artistry with advanced technology, the company has established itself as a leader in the jewellery industry.
Thangamayil Jewellery Ltd
The Market Cap of Thangamayil Jewellery Ltd is Rs 4,718.44 crore. The stock has a 1-month return of -14.69% and a 1-year return of 28.84%. It is currently 54.11% 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.
D P Abhushan Ltd
The Market Cap of D P Abhushan Ltd is Rs 3,633.12 crore. The stock has a 1-month return of 3.67% and a 1-year return of 140.18%. It is currently 19.93% away from its 52-week high.
D P Abhushan Ltd, established in 1987, is a leading jewellery retailer specializing in gold, diamond, and silver ornaments. The company is known for its exquisite craftsmanship and innovative designs.
With a strong regional presence, D P Abhushan has gained a reputation for offering quality and variety. The company focuses on delivering value to its customers, making it a trusted name in the jewellery market.
KDDL Ltd
The Market Cap of KDDL Ltd is Rs 3,188.22 crore. The stock has a 1-month return of -15.9% and a 1-year return of -8.96%. It is currently 47.18% 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.
Radhika Jeweltech Ltd
The Market Cap of Radhika Jeweltech Ltd is Rs 1,359.60 crore. The stock has a 1-month return of 10.9% and a 1-year return of 143.08%. It is currently 36.57% 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.
Tribhovandas Bhimji Zaveri Ltd
The Market Cap of Tribhovandas Bhimji Zaveri Ltd is Rs 1,330.54 crore. The stock has a 1-month return of -21.92% and a 1-year return of 52.85%. It is currently 80.73% 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.
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: Kalyan Jewellers India Ltd
Best Jewellery Stocks With High Dividend Yield 3: Senco Gold Ltd
Best Jewellery Stocks With High Dividend Yield 4: Goldiam International Ltd
Best Jewellery Stocks With High Dividend Yield 5: Sky Gold Ltd
The Top Best Jewellery Stocks With High Dividend Yield based on market capitalization.
The top jewellery stocks with high dividend yields include Sky Gold Ltd, Goldiam International Ltd, Radhika Jeweltech Ltd, D P Abhushan Ltd, and Tribhovandas Bhimji Zaveri 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.