Jewellery Stock Surge: Senco Gold, Titan, and Kalyan Soar Up to 14% After Thrilling Q3FY26 Business Updates!
Shares of prominent jewellery companies Senco Gold, Titan, and Kalyan Jewellers saw impressive gains of up to 14% in early trading on January 7, following their business updates for the third quarter of the financial year 2025-26 (Q3FY26). Senco Gold emerged as the standout performer, soaring 14% to reach a high of ₹368.85. Titan’s stock climbed 4%, hitting a new 52-week peak of ₹4,285 on the Bombay Stock Exchange (BSE), while Kalyan Jewellers recorded a 2.6% increase, reaching ₹513.65. All three firms reported strong performances driven by festive demand, though they acknowledged some pressures on sales volumes due to rising gold prices.
Senco Gold led the charge, showcasing a remarkable 51% year-on-year (YoY) growth influenced by strong festive purchases. The company revealed that its trailing twelve-month revenue has approached ₹8,000 crore, a testament to its loyal customer base and robust brand standing. Senco Gold has also expanded its footprint, opening four new stores across different states, and has plans for 20 additional showroom openings by the end of FY26. With 11 franchises and five company-owned stores launched in the first nine months of the fiscal year, the company projects a sustainable growth trajectory, aiming for over 25% YoY growth by year-end.
Titan’s jewellery segment also posted notable gains, reporting a 41% increase in revenue driven primarily by festive shopping. The firm highlighted that substantial increases in average selling prices mitigated previously flat buyer growth. Notably, gold coin sales nearly doubled during this period, reinforcing their position as an attractive investment option. The plain gold category saw strong growth in the late-thirties percentage range, bolstered by the demand for aesthetically appealing designs during the wedding season. In total, Titan’s consumer business revenue, which encompasses watches, eyewear, and other emerging markets, experienced a 40% YoY increase, supported by the addition of 47 new stores across India in the quarter.
Kalyan Jewellers described Q3 as “very encouraging,” with a consolidated revenue growth of 42% YoY, fueled by festive demand. The company indicated that robust post-Diwali sales persisted, despite fluctuations in gold prices. The same-store sales growth reached nearly 27%, and international revenue climbed 36% YoY. During the quarter, Kalyan Jewellers expanded its presence by launching 21 showrooms in India, one in the UK, and 14 Candere outlets, bringing its global total to 469.
As these companies navigate the complexities of a fluctuating gold market, their remarkable growth amid increased competition illustrates the enduring appeal of jewellery as both a consumer product and an investment. Investors should remain aware of the inherent risks in the market and consult with certified experts before making any financial decisions, especially as the landscape can swiftly change.
This information is intended for educational purposes and does not constitute investment advice.
Original Source: https://www.livemint.com/market/stock-market-news/senco-gold-titan-to-kalyan-jewellers-these-jewellery-stocks-surge-up-to-14-on-q3fy26-business-updates-11767758799467.html
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Publish Date: 2026-01-07 09:57:00
