Diwali cheer: PC Jeweller, Kalyan Jewellers may gain up to 40%, hint charts

So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season.

Shares of jewellery related firms are likely to be in focus in the near owing to the Diwali festive season, and more so on the occasion of Dhanteras - whcih is considered as an auspicious day to buy Gold. 

In the recently concluded July-September quarter, Titan had reportedly clocked a healthy sales volume of 18 per cent YoY growth, while Kalyan Jewellers sales grew by 20 per cent. Analysts expect strong sales this festive season owing to pent-up demand.

WATCH VIDEO: Should you buy stocks of jewellery retailers this Dhanteras? 

So far this October, shares