Diamond Company Stocks in India

Diamond company stocks refer to shares of companies involved in the exploration, mining, cutting and selling of diamonds. These firms operate across the diamond supply chain, from extraction to retail. Investing in diamond stocks offers exposure to the luxury goods market, but it’s influenced by global demand and economic conditions.

The table below shows the diamond company stocks in India based on the highest market capitalisation and 1-year return.

Introduction to Best Diamond Company Stocks in India

Titan Company Ltd

The Market Cap of Titan Company Ltd is Rs. 2,89,802.12 crores. The stock’s monthly return is -13.48%. Its one-year return is 2.43%. The stock is currently 18.97% away from its 52-week high.

Titan Company Limited is an India-based consumer lifestyle company that manufactures and sells a variety of products including Watches, Jewellery, Eyewear and other accessories. The company is divided into segments such as Watches and Wearables, Jewellery, Eyewear and Others. 

The Watches and Wearables segment encompasses popular brands like Titan, Fastrack, Sonata and more. The Jewellery segment includes brands such as Tanishq, Mia and Zoya. The Eyewear segment is represented by the Titan EyePlus brand. The company also operates in other sectors such as Aerospace & Defence, Automation Solutions, Fragrances, Accessories and Indian dress wear.  

Kalyan Jewellers India Ltd

The Market Cap of Kalyan Jewellers India Ltd is Rs.67,767.43 crores. The stock’s monthly return is -7.78%. Its one-year return is 127.62%. The stock is currently 19.65% away from its 52-week high.

Kalyan Jewellers India Limited is an Indian jewellery retailer specializing in a wide range of jewellery products including gold, diamond, pearl, white gold, gemstone, platinum and silver. 

The company offers various brands such as Mudhra, Anokhi, Rang, Vedha, Tejasvi, Apoorva, Ziah, Laya and Glo, featuring items like chains, rings, necklaces, earrings, bracelets and bangles in gold, white gold and platinum. Services provided include jewellery purchase advance schemes, gold insurance, the sale of gift vouchers and gold buying tips and education.  

Senco Gold Ltd

The Market Cap of Senco Gold Ltd is Rs. 9,487.97 crores. The stock’s monthly return stands at -17.7%. Over the past year, it has delivered a return of 81.35%. Currently, the stock is 26.48% away from its 52-week high.

Senco Gold Limited is a jewellery retailer based in India. The company specializes in gold and diamond jewellery, as well as pieces made from silver, platinum, precious and semi-precious stones and other metals. 

Additionally, they offer costume jewellery, gold and silver coins, and silver utensils. With around 108,000 gold jewellery designs and over 46,000 diamond jewellery designs, the company also features a wide range of handcrafted jewellery. Their products are sold under the Senco Gold & Diamonds brand through various channels, including about 70 company-operated showrooms and 57 franchise showrooms.

PC Jeweller Ltd

The Market Cap of PC Jeweller Ltd is Rs. 7,811.20 crores. The stock’s monthly return is -12.7% and its one-year return is 430.76%. The stock is currently 19.68% away from its 52-week high.

PC Jeweller Limited, an Indian company, specializes in the manufacturing, selling and trading of jewellery. The company offers a diverse selection of jewellery, including gold that is 100% hallmarked. 

It is involved in the trading, manufacturing, and selling of various jewellery items such as gold, diamond, silver, precious stones, gold jewellery, diamond-studded jewellery and silver articles in different designs. Its product range includes rings, earrings, pendants, gold chains, bracelets, bangles, nose pins and necklaces. 

Rajesh Exports Ltd

The Market Cap of Rajesh Exports Ltd is Rs. 7,608.85 crores. The stock’s monthly return is -13.92%. Its one-year return stands at -42.56%. The stock is currently 75.46% away from its 52-week high.

Rajesh Exports Limited is an Indian company that specializes in refining gold and producing a wide range of gold products. The company exports its goods globally and also operates wholesale and retail outlets in India. 

Under the brand name SHUBH Jewellers, it has retail showrooms. With manufacturing facilities in various locations including Bangalore, Cochin, and Dubai, the company has a collective capacity to produce around 400 tons of gold jewellery and products annually. 

Thangamayil Jewellery Ltd

The Market Cap of Thangamayil Jewellery Ltd is Rs.6,270.53 crores. The stock’s monthly return is -10.18%. Its one-year return stands at 59.75%. The stock is currently 15.96% away from its 52-week high.

Thangamayil Jewellery Limited, an Indian company, specializes in the production and sale of jewellery and various accessories. The company’s main focus is on crafting gold, diamond and silver items. 

It operates out of a combined space of approximately 78,000 square feet spread across 41 Thangamayil showrooms and 13 exclusive Thangamayil Plus silver showrooms. The company has branches in various cities such as Madurai, Rajapalayam, Sivakasi and others, as well as exclusive silver showrooms in locations like Tiruppuvanam, Devakottai and Sattur, among others. 

D P Abhushan Ltd

The Market Cap of D P Abhushan Ltd is Rs. 4,015.25 crores. The stock’s monthly return is 8.78%. Its one-year return is 196.86%. The stock is 8.51% away from its 52-week high.

D. P. Abhushan Limited is an India-based company engaged in manufacturing, selling and trading gold, diamond-studded, platinum and silver jewellery, as well as other precious metals. Operating through the Gems and Jewellery segment, the company handles wholesale and retail trade and jewellery manufacturing. 

Their collections include Guroor, Paakeezah, Sumukh, Amaya, Meraki, and Riwaj. They have showrooms in Ratlam, Indore, Udaipur, Bhopal, Ujjain, Bhilwara, Kota and Banswara. The company’s wholly-owned subsidiary, Gatha Trendz Limited, sells products online, catering to customers across India.

Goldiam International Ltd

The Market Cap of Goldiam International Ltd is Rs.3,781.62 crores. The stock’s monthly return is 3.1%. Its one-year return is 181.59%. The stock is 14.43% away from its 52-week high.

Goldiam International Limited, headquartered in India, specializes in manufacturing and exporting diamond-studded gold and silver jewellery. The company serves as a fully integrated original equipment manufacturer (OEM) partner for retailers and operates through two segments: jewellery manufacturing and investment activity. 

Its product range includes engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewellery earrings and pendants, as well as fashion jewellery necklaces and earrings. Goldiam International exports its diamond products to various countries, including the United States and Europe Designs Limited, Eco-Friendly Diamonds LLP and Goldiam USA, Inc.

Sky Gold Ltd

The Market Cap of Sky Gold Ltd is Rs.3,659.72 crores. The stock’s monthly return is 24.47%. Its one-year return is 345.25%. The stock is 9.72% away from its 52-week high.

Sky Gold Limited, an India-based company, specializes in designing, manufacturing and marketing gold jewellery. The company primarily focuses on 22 Karat gold jewellery, offering a wide range of designs to meet customer preferences. 

Their jewellery products feature studded American diamonds and coloured stones in various designs. Sky Gold Limited offers a diverse product range including gold, studded and other jewellery items at different price points, suitable for various occasions from weddings to everyday wear.  

Asian Star Co Ltd

The Market Cap of Asian Star Co Ltd is Rs. 1,294.47 crores. The stock’s monthly return is -5.52%. Its one-year return is -2.27%. The stock is 29.39% away from its 52-week high.

Asian Star Company Limited is an India-based company specializing in diamonds, with a focus on diamond cutting and polishing, as well as jewellery manufacturing and retail. The company operates in segments such as Diamonds, Jewellery and Others, with a vertically integrated approach covering the entire value chain from rough sourcing to diamond cutting, polishing, jewellery manufacturing, distribution and retailing. 

Additionally, the company’s Others segment includes wind energy generation. Asian Star offers a wide range of products including generic diamonds, certified diamonds, mine-origin program diamonds and special-cut diamonds. Its clientele includes jewellery manufacturers, retail chains and e-commerce businesses in various regions globally, such as Asia, Europe, the United States, the Middle East, Australia and South Africa.  

What are Diamond Stocks?

Diamond stocks refer to shares of companies involved in the diamond industry, encompassing activities like exploration, mining and retailing. These stocks provide investors with exposure to the diamond market, which can be influenced by factors such as demand, supply and global economic conditions. 

Investing in diamond stocks can offer potential financial returns along with portfolio diversification. The diamond market can demonstrate unique characteristics compared to other commodities, making diamond stocks appealing to those seeking alternative investments within the broader natural resources sector.

Features Of Top Diamond Company Stocks

The key features of top diamond company stocks include their significant market presence and influence in the diamond industry. They are characterised by robust supply chains, high-quality standards, and substantial revenue potential from both domestic and international markets.

1. Strong Market Position: Leading diamond companies dominate the market with established brand recognition and extensive distribution networks. This ensures consistent revenue streams and competitive advantage in a growing global jewellery market.
2. Diversified Operations: Top diamond companies often engage in various segments, from mining to retail. This diversification helps mitigate risks associated with market fluctuations and enhances overall financial stability.
3. High-Quality Standards: These companies adhere to stringent quality controls and ethical practices, ensuring premium product offerings. Their commitment to quality boosts consumer trust and supports higher pricing power in the market.
4. Innovative Technology: Many top diamond firms invest in cutting-edge technologies for mining and manufacturing. This technological edge enhances efficiency, reduces costs and improves the precision and quality of diamond products.
5. Global Expansion: Leading diamond companies have a strong international presence, tapping into diverse markets. Their global operations allow them to benefit from varying regional demand and economic conditions, broadening their revenue base.

Diamond Stocks Based on 6-Month Return

The table below shows the diamond stocks based on a 6-month return.

Best Diamond Company Stocks in India Based on 5-Year Net Profit Margin

The table below shows India’s best diamond company stocks based on 5-year net profit margin.

Top Diamond Company Stocks Based on 1M Return

The table below shows the top diamond company stocks based on a 1-month return.

High Dividend Yield Diamond Company Stocks in India

The table below shows the high dividend yield diamond company stocks in India.

Historical Performance of Diamond Company Stocks in India

The table below shows the historical performance of diamond company stocks in India.

Factors to consider when investing in Diamond Company Stocks in India

The factors to consider when investing in diamond company stocks in India include evaluating the company’s market position, financial health and global presence. Assessing these factors helps gauge the company’s stability and growth potential in the diamond industry.

1. Market Position: Assess the company’s dominance in the diamond industry and its competitive standing. A strong market position often indicates robust financial health and a higher likelihood of sustained performance and profitability.
2. Financial Performance: Review financial statements for profitability, revenue growth, and cash flow stability. Strong financial metrics, including consistent earnings and low debt levels, are crucial for evaluating investment potential and managing risks.
3. Global Presence: Consider the company’s international reach and operations. A broad global presence can provide diversification benefits and access to various markets, reducing reliance on domestic performance and improving overall growth prospects.
4. Industry Trends: Analyze current trends in the diamond industry, including demand fluctuations and pricing trends. Understanding these trends helps in predicting future performance and making informed investment decisions based on market dynamics.
5. Regulatory Environment: Evaluate the regulatory landscape affecting diamond companies in India. Compliance with industry regulations and ethical standards is crucial for maintaining operational stability and avoiding legal and financial complications.

How to invest in Diamond Company Stocks in India?

To invest in Diamond Company stocks in India, start by researching leading firms in the industry. Open an account with a trusted broker like Alice Blue for easy trading. Analyze the company’s financials, market trends and valuations before buying stocks. Regularly review your investment to stay updated on market changes.

Impact of Government Policies on Diamond Company Stocks in India

Government policies significantly impact Diamond Company stocks in India. Favourable policies, such as tax incentives or export benefits, can boost stock values by increasing profitability and attracting investments. Conversely, restrictive regulations or increased duties might raise operational costs, leading to lower stock performance.

Trade agreements and international relations also play a role. Policies promoting trade can open new markets for diamond companies, positively influencing stock prices. Conversely, trade barriers or sanctions can hinder market access and negatively impact stocks.

Overall, investors should closely monitor government policies to anticipate their effects on the diamond sector and adjust their investment strategies accordingly.

How Diamond Company Stocks in India Perform in Economic Downturns?

 Historically, the performance of these stocks tends to be influenced by several factors, including consumer spending, luxury market trends and global economic conditions. During periods of economic uncertainty, luxury goods, including diamonds, often see reduced demand, which can negatively impact stock performance.

However, some companies may benefit from a strong brand presence or diversifying their product offerings, allowing them to navigate downturns more effectively. Understanding these dynamics is essential for strategic investment decisions.

Advantages Of Investing In Diamond Company Stocks in India

The primary advantage of investing in Diamond Company stocks in India is the sector’s significant growth potential. India’s expanding middle class and rising consumer spending on luxury items drive the demand for diamonds, potentially enhancing stock value.

1. Strong Market Demand: Diamond companies in India benefit from robust domestic and international demand. With rising consumer interest in luxury and investments, these companies are positioned for long-term growth, potentially increasing stock value and returns for investors.
2. Growing Industry: The diamond industry in India is expanding due to technological advancements and increased mining operations. Companies involved in diamond extraction and processing are likely to see revenue growth, benefiting their stock performance and attracting investment.
3. Economic Stability: India’s stable economic environment supports the diamond industry, providing a favourable investment climate. Investors can expect consistent growth in diamond stocks due to the country’s resilient economic conditions and expanding consumer market.
4. Export Potential: India is a major player in the global diamond trade, with substantial export potential. Companies focusing on international markets can leverage this to boost profits and drive up stock values, offering promising investment opportunities.
5. Innovation and Technology: Advancements in technology and innovation in diamond mining and processing enhance efficiency and profitability. Companies investing in these technologies are likely to see improved financial performance, positively impacting their stock prices and attractiveness to investors.

Risks of investing in Best Diamond Company Stocks in India

The main risk of investing in the best diamond company stocks in India is market volatility. The diamond industry is susceptible to fluctuations in global demand and economic conditions, which can impact stock prices unpredictably.

1. Economic Downturns: Economic slowdowns can lead to reduced consumer spending on luxury items like diamonds, causing a decline in sales and negatively affecting company profits and stock values.
2. Geopolitical Instability: Political tensions and trade restrictions in key diamond-producing regions can disrupt supply chains, increase costs and lead to volatility in diamond stock performance.
3. Regulatory Changes: Changes in trade policies, import/export regulations, or environmental laws can impact the diamond industry, leading to increased operational costs and potential compliance issues for diamond companies.
4. Market Saturation: An oversupply of diamonds or increased competition from other companies can lead to decreased prices and profit margins, adversely affecting the financial stability and stock performance of diamond companies.
5. Currency Fluctuations: Since diamonds are traded globally, fluctuations in currency exchange rates can affect the profitability of diamond companies and their stock prices, particularly if they operate in multiple currencies.

Diamond Company Stocks in India GDP Contribution

Diamond company stocks in India contribute significantly to the GDP by bolstering the country’s export revenues. The diamond industry, including cutting, polishing and trading, generates substantial foreign exchange earnings and supports economic growth through export activities. India’s position as a global leader in diamond processing enhances its trade balance and contributes to overall GDP growth.

Moreover, the industry supports millions of jobs across various sectors, including mining, manufacturing and retail. This employment generation boosts domestic consumption and economic activity, further strengthening India’s economic performance and GDP contribution.

Who should invest in Diamond Company Stocks in India?

Investing in diamond company stocks in India can be appealing to various types of investors. These stocks offer potential growth due to the expanding luxury market and increasing global demand. However, they may also present unique risks and opportunities suited to specific investor profiles.

1. Long-Term Investors: Ideal for those seeking capital appreciation over time. The diamond industry’s cyclical nature means that patient investors can benefit from long-term market growth and price stability.
2. Risk-Tolerant Investors: Suitable for individuals comfortable with market volatility. Diamond stocks can experience significant price fluctuations, making them a fit for investors who can handle high-risk scenarios.
3. Luxury Market Enthusiasts: Investors with an interest in the luxury sector may find diamond stocks appealing due to their association with high-end markets and trends in global wealth and consumption.
4. Diversified Portfolios: Beneficial for those looking to diversify their investment portfolios. Including diamond company stocks can add a unique asset class, potentially balancing out more traditional investments.

Top Diamond Company Stocks in India – FAQs

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Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.