Titan, Kalyan, Senco Gold shares fall up to 5% after customs duty hike on gold imports, ₹50,000 crore rout
Kalyan Jewellers India Limited experienced a significant stock price drop following market reports suggesting the government was considering raising the import duty on gold to 15%, impacting the overall jewellery sector.
May 13 2026 09:05:00
Titan, Kalyan, Senco Gold shares fall after customs duty hike on gold imports, ₹50,000 crore rout
The Indian government has increased the import duty on gold, silver, and other precious metals to 15% (comprising a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess) from the previous 6%, effective May 13, 2026. This move is expected to negatively impact jewellery companies, including Kalyan Jewellers, due to increased raw material costs and potential dampening of consumer demand, leading to declines in their stock prices.
May 13 2026 09:05:00
Titan, Kalyan Jewellers, other jewellery stocks in focus as Centre hikes gold customs duty to 15%
The Centre has increased the customs duty on gold and silver imports to 15% from the previous 6%, effective immediately. This move is expected to negatively impact jewellery companies, including Kalyan Jewellers, as higher duties could lead to increased domestic gold prices and potentially dampen consumer demand. While this might help reduce India's trade deficit, it poses a near-term challenge for the jewellery sector.
May 13 2026 08:05:00
Kalyan Jewellers, Titan, other jewellery stocks crash up to 6% as Centre hikes gold customs duty to 15%
The Centre has hiked the customs duty on gold and silver imports to 15% from the previous 6%, effective immediately. This move is expected to negatively impact jewellery companies, including Kalyan Jewellers, due to increased domestic gold prices and potential dampening of consumer demand.
May 13 2026 08:05:00
Titan, Kalyan, Senco Gold shares in focus after customs duty hike on gold imports, ₹50,000 crore rout
Jewellery stocks, including Kalyan Jewellers, experienced a sharp decline following investor fears of a potential gold import duty hike. This concern emerged after Prime Minister Narendra Modi appealed to citizens to reduce gold purchases for a year to help conserve foreign exchange reserves, potentially leading to increased raw material costs for the sector and impacting consumer demand.
May 13 2026 08:05:00
Titan, Kalyan Jewellers, Senco shares lose ₹50,000 crore after sell-off extends for second day
Prime Minister Narendra Modi's appeal to citizens to defer non-essential gold purchases for a year, aimed at conserving foreign exchange, led to a sharp decline in shares of gold jewellery retailers. Kalyan Jewellers saw its shares fall over 13% across two sessions, reflecting investor concerns over weaker demand, potential policy tightening, and a challenging operating environment for the sector which is heavily reliant on imported gold.
May 12 2026 15:05:00
Titan, Kalyan Jewellers shares extend losses after ₹35,000 crore sell-off on Monday
Gold jewellery stocks, including Kalyan Jewellers, experienced a sharp decline after Prime Minister Narendra Modi appealed to citizens to reduce gold purchases for one year. The appeal, made to conserve foreign exchange amid rising import pressure and global uncertainty, raised concerns among investors about potential impacts on demand, inventory valuations, and future government measures to curb gold imports.
May 12 2026 09:05:00
Titan, Senco Gold, Kalyan Jewellers shares fall up to 10% on Monday; Key factors explained
Shares of jewellery retailers, including Kalyan Jewellers, experienced a decline after Prime Minister Narendra Modi appealed to citizens to avoid non-essential gold purchases for one year to conserve foreign exchange. This triggered concerns among investors regarding the near-term consumer demand for gold jewellery.
May 11 2026 09:05:00
Titan, Senco Gold, Kalyan Jewellers shares fall up to 8% on Monday; Key factors explained
Kalyan Jewellers' shares were impacted after Prime Minister Narendra Modi appealed to citizens to limit non-essential gold purchases for one year. This appeal is aimed at conserving India's foreign exchange reserves amidst global uncertainties and rising import pressures, influencing sentiment across the jewellery retail sector.
May 11 2026 09:05:00
Titan, Senco Gold, Kalyan Jewellers shares fall up to 5% on Monday; Key factors explained
Prime Minister Narendra Modi's appeal to citizens to avoid gold purchases for one year, aimed at conserving foreign exchange reserves, has put jewellery stocks, including Kalyan Jewellers, under pressure due to potential impacts on gold demand.
May 11 2026 09:05:00
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