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Top Gold Stocks - Gold Companies in India (2025)

Gold stocks mirror investor sentiment on inflation, currency risks, and safe-haven demand, often moving in tandem with global gold prices.

Top Gold Stocks in India (2025)

Gold Stock Screener

Gold Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 11 of 11 results

last updated at 6:30 AM IST 
NameStocks (11)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Titan Company LtdTITANPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches3,38,656.143,38,656.143,800.403,800.40101.49101.49-0.46-0.461.081.088.598.5912.9612.9629.1329.1331.7631.7636.9536.950.290.291.791.791.711.71
2.Muthoot Finance LtdMUTHOOTFINConsumer FinanceConsumer Finance1,51,088.651,51,088.653,702.003,702.0028.3328.33-1.63-1.6318.7218.7262.9262.9290.0690.065.045.0419.1319.136.816.810.690.693.313.312.582.58
3.Kalyan Jewellers India LtdKALYANKJILPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches50,600.4750,600.47490.10490.1070.7970.790.020.02-6.35-6.35-11.96-11.96-32.19-32.1910.5310.5315.9015.9021.8821.880.310.311.031.033.543.54
4.Thangamayil Jewellery LtdTHANGAMAYLPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches10,188.0610,188.063,241.203,241.2085.8285.82-1.12-1.1217.6017.6069.1169.1161.3361.339.249.2414.8814.8816.6016.600.380.380.720.724.314.31
5.Rajesh Exports LtdRAJESHEXPOPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches5,682.875,682.87188.70188.7059.9059.90-1.96-1.966.256.25-7.42-7.42-18.87-18.870.370.372.242.241.561.56--0.040.043.413.41
6.Sky Gold and Diamonds LtdSKYGOLDPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches5,324.995,324.99335.45335.4540.1440.14-2.44-2.44-3.41-3.41-12.04-12.04-20.19-20.197.797.7928.5928.5930.3930.39--0.920.923.953.95
7.Goldiam International LtdGOLDIAMPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches4,293.144,293.14380.00380.0036.6836.68-0.05-0.051.391.394.454.454.894.895.765.7616.9516.9522.6122.610.750.750.040.044.924.92
8.D P Abhushan LtdDPABHUSHANPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches3,469.393,469.391,542.001,542.0030.7830.781.461.46-0.92-0.923.093.092.122.128.588.5835.0635.0639.5439.54--0.460.462.952.95
9.KDDL LtdKDDLPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches2,940.882,940.882,372.202,372.2031.0831.08-0.79-0.79-6.19-6.19-10.22-10.22-19.31-19.312.082.087.417.4113.0113.010.210.210.320.323.683.68
10.Tribhovandas Bhimji Zaveri LtdTBZPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches1,141.561,141.56171.33171.3316.6916.690.150.15-7.02-7.02-8.40-8.40-29.90-29.901.741.7410.8610.8621.3721.371.321.321.201.203.633.63
11.Radhika Jeweltech LtdRADHIKAJWEPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches913.32913.3279.3479.3415.1915.192.512.51-11.27-11.27-5.88-5.88-32.37-32.372.832.8320.4620.4626.4526.45--0.130.133.383.38

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Companies that are associated with the gold sector in India, based on publicly available information.

How to Invest in Gold Stocks?

Investing in gold stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in gold stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Gold Stocks: Go to Tickertape Stock Screener and search for Gold Stocks in India
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top gold stocks.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of Top Gold Stocks in India

Titan Company Ltd

Titan, a Tata Group company, dominates India’s branded jewellery market through its Tanishq brand. It combines design innovation, trust, and retail scale to drive gold jewellery sales across urban and semi-urban India. Titan is a strong consumer play on rising disposable incomes and formalisation of the jewellery sector.

Muthoot Finance Ltd

Muthoot Finance is India’s largest gold loan NBFC, offering quick loans against gold jewellery. With deep rural and urban reach, it capitalises on India’s household gold reserves to provide affordable credit, especially to unbanked and underbanked segments, making it a key player in gold-backed lending.

Kalyan Jewellers India Ltd

Kalyan Jewellers is a leading pan-India jewellery retailer offering a wide range of gold, diamond, and precious stone ornaments. It caters to both traditional and modern consumers and is expanding rapidly through a mix of company-owned and franchise stores, focusing on transparency and regional customisation.

Rajesh Exports Ltd

Rajesh Exports is a global leader in gold refining and jewellery export. It operates across the entire value chain—from refining gold to retail through its Shubh Jewellers brand. As a zero-debt company, it benefits from scale and cost leadership in global gold processing and distribution.

Thangamayil Jewellery Ltd

Based in Tamil Nadu, Thangamayil is a regional gold retailer known for its traditional designs and strong rural customer base. With a focus on trust, affordability, and community-centric service, it is a dominant player in South India's tier-2 and tier-3 jewellery markets.

What are Gold Stocks?

Gold stocks are shares of companies that actively mine, refine, or market gold. These companies' performance usually depends on the price of gold. When you invest in gold stocks, you get exposure to the gold market without having to own physical gold. This approach helps you diversify your investments in the precious metals sector. Gold stocks include the shares of:

  1. Gold mining companies
  2. Gold-related stocks (such as firms that provide services to gold miners)
  3. Companies involved in gold production

Overview of the Gold Industry in India

India’s gold industry makes a significant impact, contributing about 1.3% to the country’s total GDP. If you include the larger gems and jewellery sector, this contribution rises to around 7–7.5% of India’s GDP. This is mainly due to strong exports and steady domestic demand.

  1. India’s total gold consumption rose by 5% to about 803 tonnes, even though gold prices jumped by 27%.
  2. Wedding season purchases and investment buying fueled this growth, and gold coins and bars reached 239 tonnes, their highest level since 2013.
  3. Indian households, along with temples, are estimated to possess 25,000 tonnes of gold. This gold has a value of nearly USD 2.4 trillion, equal to about 56% of the country’s projected FY26 GDP.
  4. The gems and jewellery export market is worth around USD 32 bn each year.
  5. India’s organised gold market should reach USD 100 bn by 2025, growing by 5–6% every year.

Advantages of Investing in Gold Stocks

Liquidity

You can easily buy and sell gold stocks on the stock market, which means you can quickly convert your investment to cash.

Diversification

By adding gold stocks to your portfolio, you diversify your investments. This mix can help reduce your overall risk.

Potential for High Returns

Gold stocks often deliver high returns, especially when gold prices are rising.

Inflation Hedge

Gold acts as a shield against inflation. When other investments lose value due to rising prices, gold usually maintains its worth.

Risks Associated With Investing in Gold Stocks

Market Volatility

Gold stocks can be highly volatile. Prices can change sharply because of factors like gold prices, overall market trends, and how well each company performs.

Operational Risks

Even top gold companies in India face risks from production costs, labor issues, and changes in regulations.

Economic Factors

Global economic conditions, changes in interest rates, and geopolitical events can have a big impact on gold stock prices.

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Factors to Consider When Investing in Digital Gold Stocks

Storage and Security

Platforms offering digital gold usually provide secure storage and insurance to protect your investment.

Transaction Costs

You need to check for any transaction fees or charges when you buy or sell digital gold.

Market Trends

Stay updated on market trends and gold prices. This knowledge can help you make better investment choices.

Platform Reliability

Choose a reliable and reputable platform when you invest in digital gold to ensure your investment stays safe.

To Wrap It Up

Investing in gold stocks in India offers a modern approach to gain exposure to the gold market. Whether through traditional gold stocks or digital gold, investors have various options to diversify their portfolios and potentially reap significant returns. However, it is crucial to conduct thorough research and consider the associated risks before making any investment decisions.

Frequently Asked Questions on Gold Stocks

  1. What are Gold Stocks?

    Gold stocks represent shares of companies involved in the gold industry, including mining, refining, jewellery manufacturing, and gold financing. Investing in these stocks provides exposure to the gold market without directly purchasing physical gold, allowing investors to benefit from gold price movements and the operational performance of these companies.

  2. How to invest in Gold Stocks?

    Here’s how you can invest in Gold Stocks -
    1. Go to the Tickertape Stock Screener
    2. Click on 'Gold Stocks'.
    3. Analyse and sort the Gold Stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Gold Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What are some of the top Gold stocks companies listed on NSE?

    Top NSE-listed Gold Stocks in India include:
    1. Titan Company Ltd
    2. Muthoot Finance Ltd
    3. Kalyan Jewellers India Ltd
    4. Thangamayil Jewellery Ltd
    5. Sky Gold and Diamonds Ltd

    Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  4. What are the factors affecting Gold stocks prices?

    Several factors influence gold stock prices in India:
    1. Gold Prices: Fluctuations in global and domestic gold prices directly impact the profitability of gold companies.
    2. Consumer Demand: Seasonal demand during festivals and weddings can affect jewellery sales.
    3. Economic Indicators: Inflation rates, currency exchange rates, and interest rates play a role in gold's appeal as an investment.
    4. Government Policies: Import duties, taxation, and regulations can influence operational costs and margins.
    5. Global Events: Geopolitical tensions and global economic uncertainties can drive investor interest in gold as a safe-haven asset.

  5. What is the future projection of Gold stocks?

    Gold prices have surged by 23% year-to-date, reaching ₹93,217 per 10 grams, driven by global economic uncertainties and geopolitical tensions. Analysts project that gold prices could reach ₹1,10,000 per 10 grams within a year. This bullish trend is expected to benefit gold-related companies, especially those with strong operational efficiency and market presence. However, investors should remain cautious of potential volatility due to global economic shifts.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  6. How to choose Gold stocks for investing?

    Gold-related stocks in India may span jewelry retailers, gold loan providers, or firms with gold-backed assets. Factors like global gold prices, rural demand, and festive buying trends often influence how these stocks are viewed, especially in the context of inflation or currency fluctuations.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  7. Do Gold stocks offer regular dividends?

    Dividend policies vary among gold companies. For instance, Muthoot Finance Ltd has a history of consistent dividend payouts, reflecting its stable earnings from gold loan operations. Titan Company Ltd also offers dividends, supported by its strong performance in the jewellery segment. However, some companies may reinvest profits for expansion, leading to lower or no dividends. Investors should review individual company announcements and historical dividend records for specifics.

    Disclaimer: The latest data on dividends is derived from Tickertape Stock Screener.

  8. Is Gold stocks a good investment for the long term?

    Stocks linked to gold (mining, refining, jewellery) benefit from safe-haven demand and inflation hedging. However, global price volatility and import duties affect performance in the long run.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.