Editor’s Note
As the festive season approaches, jewelry stocks often see increased investor interest. This article highlights three companies that reported strong Q1 FY2026 results, presenting potential opportunities for those looking to capitalize on seasonal trends. Always conduct your own research before investing.
The festive season is starting once again, which could create a good opportunity for gains in jewelry stocks. Today, we are going to talk about three jewelry stocks that have presented strong results in the first quarter of the financial year 2026.
For the past few months, gold prices have remained around ₹1 lakh per 10 grams, while over the past few years, it has emerged as a brilliant investment option. Over the past one-year period, gold has given its investors a 36 percent return. Meanwhile, Nifty and Sensex have not even beaten bank FDs. However, there is no relation between bank FDs and the market, but the current market situation appears to be stuck in a time correction. The market is neither moving upwards nor going down. In such a scenario, investors have turned towards safe havens and have also made handsome profits. But the festive season is starting once again, which could create a good opportunity for gains in jewelry stocks. We are going to talk about those three jewelry stocks today that have presented strong results in the first quarter of the financial year 2026 and there is a full possibility of further upside ahead.
First on our list is the Tata Group’s Titan Company. It is a famous jewelry company in the country, with a market share of approximately 8%. Titan’s flagship brand Tanishq has over 500 stores across the country. Brokerage firm Bernstein has initiated coverage on this stock. The brokerage firm has given an ‘Outperform’ rating on the stock with a target price of ₹4,200, indicating an upside of nearly 15 percent. The company recorded a net profit of ₹1,091.00 crore in the first quarter of the financial year 2026. As of June 30, 2025, Foreign Institutional Investors (FIIs) held a 17.53% stake in this stock.
Next comes the name of Kalyan Jewellers. It is the country’s largest and fastest-growing company. It operates in India as well as in the Middle East. Currently, it has a total of 368 showrooms in India, which includes 287 Kalyan and 81 Candere showrooms. Kalyan Jewellers India’s shares are trading in a range bound between ₹512.25 and ₹495.10. Its performance in 2025 has not been good. It has given a negative return of 35 percent. However, the June 2025 quarter results have been good for it and it has earned a net profit of ₹264.08 crore. According to Trendlyne, its average target price is ₹696, which indicates an upside of nearly 40 percent from the current share price of ₹498.40.
Next comes the name of P N Gadgil. It is the second largest jewelry brand in Maharashtra in terms of stores. It is expanding its brand very rapidly pan-India. Over the past one year, it has added 16 stores, after which its total number of stores has reached 55. P N Gadgil performed brilliantly in June 2025. During this period, its net profit nearly doubled, while revenue increased by 2.8%. According to Trendlyne, the average target price for this jewelry stock is ₹825 per share, which is 45 percent higher than its current share price of ₹568.