Top 5 Diamond Stocks to buy in 2024

Published : 06 June 2024

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. 398 at present with ROCE and ROE of 19.18% and 13.29% while the OPM is noted at 6.24%.

Titan Company

The company is the largest manufacturer of quartz watches in India with operations in the diamond segment as well. Its share price is around Rs. 3322. Its ROCE, ROE, and OPM are 34.89%, 37.21%, and 10.25%, respectively.

Rajesh Exports

The company manufactures different types of gold and diamond jewellery  It is trading at around Rs. 277 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. 1273 with an ROCE of 31.92% and an ROE of 24.98%. Its OPM is around 5.25%.  

Renaissance Global

The company produces and exports premium metal jewellery and has operations in the diamond market as well. It is trading at around Rs. 102 at present with ROCE and ROE of 10.45% and 6.30% while the OPM is noted at 6.51%.