Kalyan Jewellers, one of India’s leading jewelry retail chains, officially launched its “Nation First – Gold4India” initiative this week, aiming to align consumer gold consumption with national economic priorities. The campaign responds directly to Prime Minister Narendra Modi’s recent appeal for citizens to exercise restraint in gold purchases to help the government conserve the nation’s…
Market Impact of the Duty Hike Indian jewellery retail stocks are navigating significant market pressure this week after the Government of India abruptly increased import duties on gold and silver to an effective 15 percent, up from a previous 6 percent. This fiscal adjustment includes a 10 percent basic customs duty alongside a 5 percent…
Discover why Indian jewellery stocks plunged up to 11% following PM Modi’s call to delay gold purchases due to global tensions.
Leading Indian jewellery retailers, Titan Company and Kalyan Jewellers, recently announced robust Q4 FY26 and full-year financial results over the past week. Following these strong earnings, several prominent brokerage firms have reviewed their performances, projecting substantial stock upside for both entities. This analysis arrives at a critical juncture, as market sentiment navigates Prime Minister Narendra…