Barring P N Gadgil Jewellers, all the jewellery stocks in the comparison have gained year-to-date (YTD), with Tribhovandas Bhimji Zaveri (TBZ) emerging as the top performer
To offset higher gold costs, retailers are focusing on exchange, lower price points
PN Gadgil's gross margin in Q4FY26 slipped 231 basis points (bps) to 9.7 per cent from 12 per cent Y-o-Y
Govt hikes gold import duty: The move triggered selling in jewellery stocks, including Kalyan, Senco Gold, Titan. On the contrary, shares of Manappuram Fin, Muthoot Fin, and IIFL Finance rose up to 7%