Titan, Kalyan Jewellers Share Price: Gold Duty Same, Par Industry Kehti Hai Aur Do!

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AuthorKavya Nair|Published at:
Titan, Kalyan Jewellers Share Price: Gold Duty Same, Par Industry Kehti Hai Aur Do!
Overview

Arre bhaiyo, Union Budget 2026 mein sabse badi khabar yeh hai ki gold par customs duty wahi rakhi gayi hai. Isse jewellers ko seedhe input cost badhne ka darr toh kam ho gaya hai, par stock prices mein koi tohofani tezi nahi dikhi. Industry ko lagta hai ki abhi aur reforms hone chahiye the.

Budget 2026: Gold Duty Mein Koi Badlav Nahi!

Toh hua yun ki Finance Minister Nirmala Sitharaman ne Budget 2026 mein announce kiya ki gold par jo customs duty chal rahi hai, woh abhi wahi rahegi. Isse jewelry companies jaise Titan Company Ltd. aur Kalyan Jewellers India Ltd. ke liye ek badi relief hai, kyunki duty badhne se unke raw material ka kharcha turant badh jata. Yaar, jab January 31, 2026 ko trading ho rahi thi, tab Titan ka share 0.99% gir kar ₹3,937.95 par tha, aur Kalyan Jewellers 1.7% slip ho kar ₹355.15 par pahunch gaya tha. Matlab, market thoda cautious tha, par duty na badhne se ek stability toh mil gayi.

Industry Ke Dil Ki Baat: Aur Kya Chahiye?

Par baat yahan khatam nahi hoti. Indian gems aur jewellery industry ne government se aur bhi cheezein maangi thi. Jaise ki silver, platinum aur colored gemstones par bhi import duty kam ho. Unka kehna hai ki isse manufacturing cost kam hogi aur India global market mein aur competitive banega. Industry bodies ne toh yaha tak kaha tha ki gold aur silver jewellery par GST 1.25% kar do aur tourists ke liye tax refund scheme bhi lao. Yeh sab bade reforms Budget 2026 mein nahi hue hain. Toh haan, gold duty nahi badhi, isse thoda relief hai, par margins par pressure toh aa hi sakta hai jab competition badhega. Abhi Titan ka P/E ratio 85-92x ke aas paas hai, aur Kalyan Jewellers ka 41-51x hai. Itne high valuations ko maintain karne ke liye policy support toh chahiye hi.

Aage Ka Scene: Stability Ya Growth?

Experts keh rahe hain ki gold duty na badhna abhi ke liye achha hai, par sector ki long-term growth ke liye structure reforms bahut zaroori hain. India mein gharon mein bahut sara gold pada hai, usko monetize karne ke schemes laane se import dependency kam hogi. Global diamond trading hub banne ke liye bhi policy support chahiye. Market ka mood filhal cautiously optimistic hai, sab export support aur ease of doing business par nazar rakhe hue hain. Organized retail toh achha lag raha hai, agar policies consumer demand ko boost karein aur prices bhi control mein rahein. Dekhte hain, yeh companyyan expectations ko kaise match karti hain.

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