Shares of Titan, Thangamayil Jewellery and Goldiam International have more than doubled since last Dhanteras. But will these companies replicate their returns this year as well?
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Jewellery related stocks have witnessed massive gains since last Dhanteras and continue to trade with a firm bullish bias, indicating more upside for the shares.
The Board of Goldiam International is scheduled to meet on September 13 to consider share buyback
While the brand has plans to scale up existing operations in the tier-1 cities, it will also focus on the tier-2 and tier-3 markets, with mid-size showrooms
Jewellery stocks: With gold prices bottoming out and demand facing headwinds, analysts expect volatility in the jewellery space to continue. That said, they stay optimistic on Titan & Kalyan Jewellers
Titan Company is hovering around the resistance of Rs 1,300 levels.
In the last one week after the government announced restrictions to arrest the rupee slide, jewellery stocks fell by around 5 to 12 per cent