Jewellery & gold retail
In focusGold near record prices has not broken demand: Kalyan held its FY27 plan of 84 Kalyan and 50 Candere showrooms with wedding demand resilient through a 20% price dip, and Goldiam's US lab-grown share sits at 40-60% of major retailers with double-digit finished-jewellery growth. Organised jewellery and luxury-watch retail (Ethos, KDDL) keep taking share from the unorganised trade; watch margins (Kalyan guided flat PBT margin) and lab-grown pricing.
Avg read 6.96 covered · scores as of Q2 FY27
Jewellery & gold retail
Gold near record prices has not broken demand: Kalyan held its FY27 plan of 84 Kalyan and 50 Candere showrooms with wedding demand resilient through a 20% price dip, and Goldiam's US lab-grown share sits at 40-60% of major retailers with double-digit finished-jewellery growth. Organised jewellery and luxury-watch retail (Ethos, KDDL) keep taking share from the unorganised trade; watch margins (Kalyan guided flat PBT margin) and lab-grown pricing.
Riding it · 6Goldiam International, Sky Gold and Diamonds, Kalyan Jewellers India, Senco Gold, Ethos, KDDL
The board · every name on the leaderboard's four scores
6 coveredScores as of Q2 FY27
- 1Goldiam International LimitedBest readQ7.4G7.2V7.6Read7.3
- 2Sky Gold and Diamonds LimitedQ8.0G7.4V3.1Read7.1
- 3Kalyan Jewellers India LimitedQ7.7G7.2V4.8Read7.1