Jewellery stocks have experienced a notable surge of 11-23% over the past month, significantly outpacing the 3.5% rise in the benchmark BSE Sensex. This growth is primarily driven by strong wedding and festive demand, alongside resilient consumer spending despite record gold prices. Notably, Titan Company, India's largest listed jewellery maker, reported a 46% year-on-year increase in business for the March 2026 quarter, exceeding the 25% growth from the previous year. The same-store sales growth (SSSG) for Titan rose to 48% from 15% year-on-year. Other companies like Kalyan Jewellers and PN Gadgil Jewellers also reported impressive growth, with Kalyan's revenue increasing by 65% and SSSG exceeding 45%. PN Gadgil's SSSG soared to 86%, leading to a 124% revenue growth, largely attributed to wedding demand. Despite geopolitical disruptions, international operations have thrived, with Titan's international business growing 156% year-on-year. The ongoing wedding season and upcoming festivals are expected to sustain this momentum, as companies continue to expand their store networks.