Silver import curbs put Titan, Kalyan, Thangamayil in focus; Thangamayil hits 52-week high
DGFT authorisation now mandated for silver imports, tightening bullion procurement for jewellery retailers. Thangamayil surged 9% to a 52-week high, Kalyan rose 3% to ₹362.55, and Titan gained 2% to ₹4,178 as markets weighed cost and availability impacts on the jewellery supply chain.
Government mandated DGFT authorisation for silver imports, putting jewellery stocks Titan, Kalyan and Thangamayil in focus. Thangamayil hit 52-week high; jewellers face potential bullion availability and procurement cost impacts from tighter import norms.