JM Financial: 15% gold duty hike to have 'limited impact' on Titan, Kalyan
Gold import duty raised from 6% to 15%. JM Financial expects limited revenue hit for organised jewellers, with possible one-off inventory gains. Key risk flagged: potential RBI curbs on Gold Metal Loan scheme. Titan down 8.81% and Kalyan down 15.28% over the past month.
JM Financial sees limited impact from 15% gold import duty hike on Titan and Kalyan, with possible one-off inventory gains.
Financial Express · BrandWagon · 5/22/2026, 11:19:42 AM · Ask about this →