Kataria Dhulchand Pannalal Jewellers Limited

Bull case

• The retail gems and jewellery market grows at a CAGR of 12.2% between CY25 and CY30.

  The market is expected to expand due to rising gold prices and increasing disposable incomes.

• The company successfully opens new stores in Kota and Ujjain as planned.

  The expansion is aimed at enhancing brand presence and capturing additional market share.

• Gold jewellery continues to dominate the market, maintaining an 80% share.

  Gold remains culturally significant in India, driving consistent demand.