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5 Jewelery Stocks That Changed Investors’ Luck In One Year, Gave Up To 573% Returns

Multibagger Stock: The shares of gold and jewelery company are moving upwards in India. Some stocks gained up to 27 percent in a month. Like other sectors, and due to the historic high gold prices seen last year and other stock-specific fundamentals, some stocks in this sector have multiplied investor wealth in a single year. We will tell you about 5 such stocks here.

Goldiam International:

  • The stock last closed at Rs 955.80 per share.
  • The stock had closed last one year back at a price of Rs 142. This means a profit of 573% in one year’s time.

Thangamayil Jewellery:

  • This stock has given a return of 237 percent in one year time while on the basis of YTD it has given 125% return.
  • The company maintains a chain of retail jewelery showrooms across Tamil Nadu and offers a complete range of gold, silver, diamond and platinum jewellery.

Renaissance Global:

  • It is a Diamond Cutting and Jewelery Company whose stock has given 1 year return of 284 percent.
  • The company is a licensee for two brands- Disney and Hallmark. The company’s specialized jewelery retailers include Fred Meyer, Helzberg, Joyalukkas, Malabar, Signet Jewellers.

Tribhovandas Bhimji Zaveri Ltd:

  • The company is an established retail jewelery chain in India with a presence for nearly 156 years.
  • This stock has given more than 130 per cent returns in one year.

Radhika Jeweltech:

  • The company’s stock last closed at Rs 86.3 per share.
  • This stock has given 405 percent return in the last one year.

Read also:

Multibagger Penny Stock: From Rs 5 to Rs 42, this stock increased by over 700% in FY22

Multibagger Penny Stock: This Penny Stock gave 22,300% return to investors in one year, do you have it?

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