Diamond, Gems and Jewellery Sector Stocks

The diamond, gems, and jewellery sector combines craftsmanship with global trade, spanning cutting and polishing, design, manufacturing, and branded retail. Companies cater to domestic demand—anchored in weddings and festivals—as well as exports to key international markets. Performance is influenced by gold and diamond prices, currency movements, import policies, and consumer preference shifts toward hallmarking, lightweight designs, and certified stones.

Organised players are gaining share via store expansion, omni-channel retail, and transparent sourcing, while value-added categories such as studded jewellery and bespoke pieces continue to scale. Firms must balance working-capital discipline with inventory breadth and manage compliance around hallmarking and traceability. For observers, jewellery stocks reflect both cultural consumption and discretionary spending. The table below highlights leading companies in this space, offering a snapshot of their stock performance and their role in elevating Indian jewellery from artisanal heritage to modern, brand-led retail with strong export linkages and quality assurance.(+)