Silver import curbs put Titan, Kalyan, Thangamayil in focus; bullion stocks rally
DGFT authorisation now mandatory for silver imports above 99.9% purity, tightening bullion procurement for jewellers. Titan rose 2% to ₹4,178, Kalyan 3% to ₹362.55, while Thangamayil surged 9% to a 52-week high of ₹5,219.70. Vedanta and Hindustan Zinc also in focus on supply implications.
What happened
Titan Company · Government mandates DGFT authorisation for silver imports, putting jewellery stocks Titan, Kalyan and Thangamayil in focus. Tighter norms may
Key facts
- Titan ₹4,178 +2%
- Kalyan ₹362.55 +3%
- Thangamayil ₹5,219.70 +9% 52-week high
- 99.9% silver purity threshold
Why this matters
Regulatory moat just widened for scaled jewellers with established import licenses—scout smaller silver-heavy retailers facing procurement stress as potential acquisition targets.