Jewelry Stocks Soar: Titan Hits Life High After Strong Q3 Updates

• Jewelry stocks like Titan, Kalyan Jewellers, and SENCO Gold rallied significantly after positive Q3 business updates.
• Titan's share price surged nearly 5%, reaching a new life high, driven by 40-41% growth in its jewelry and consumer businesses.
• Kalyan Jewellers reported 42% year-on-year revenue growth in its Indian business and 36% in international, opening 21 new showrooms.
• SENCO Gold saw a 51% sales and revenue growth in Q3, with diamond jewelry showing 36% growth and 4 new franchise showrooms.
• Titan, Kalyan Jewellers, and SENCO Gold are trading at FY27 P/E ratios of 70x, 33x, and 18x respectively.

Why It Matters: Strong Q3 results fueled a significant rally in jewelry stocks, with Titan hitting a new life high.