5 Most Profitable Gold Stocks to invest in June 2024

Published : 7 June 2024

Tribhovandas Bhimji Zaveri

Established in 1864, it is one of the oldest companies making gold jewellery in India. It is trading at around Rs. 105 at present with ROCE and ROE of 17.83% and 9.04% while the OPM is noted at 5.28%.

Ashapuri Gold Ornament

The company produces and wholesales gold jewellery in the country. Its share price is around Rs. 10.62. Its ROCE, ROE, and OPM are 11.63%, 8.25%, and 6.34%, respectively.

Rajesh Exports

The company manufactures different types of gold and diamond jewellery  It is trading at around Rs. 280 at present with ROCE and ROE of 3.29% and 2.20% while the OPM is noted at 0.18%.

Thangamayil Jewellery

The company trades in Gold Jewellery in addition to diamond and platinum ones. Its current market price is around Rs. 1325 with an ROCE of 31.92% and an ROE of 24.98%. Its OPM is around 5.25%.

Kalyan Jewellers India

The company is a leading brand in the gold retail industry offering diamond jewellery, too.  Its shares are trading at around Rs. 407 at present with ROCE and ROE of 19.18% and 13.29% while the OPM is noted at 6.24%.