← All formats
Modern Trade — Specialty
Jewellery, footwear, eyewear, durables
Category-anchored specialty retail. Jewellery formalisation (Titan, Kalyan, Senco, PNGJL) is the biggest tailwind in Indian retail. Footwear (Bata, Metro, Relaxo) and durables (Aditya Vision, EMI) are regional plays.
GMV $120B+16% YoYCM 14%Capex: MediumReg risk: Low
Listed pureplays
TC
Titan Company
A+TITAN · Mega Cap
₹3.20L Cr·1Y -2%
Hold
KJ
Kalyan Jewellers
B+KALYANKJIL · Large Cap
₹60.0K Cr·1Y 8%
Hold / Watchlist
SG
Senco Gold
BSENCO · Small Cap
₹4.5K Cr·1Y -12%
Hold
PG
PN Gadgil Jewellers
B+PNGJL · Small Cap
₹9.5K Cr·1Y 10%
Hold / Watchlist
PI
Page Industries
APAGEIND · Large Cap
₹51.0K Cr·1Y -4%
Hold
BI
Bata India
BBATAINDIA · Mid Cap
₹17.0K Cr·1Y -18%
Sell / Avoid
MB
Metro Brands
AMETROBRAND · Mid Cap
₹32.0K Cr·1Y 8%
Hold / Watchlist
RF
Relaxo Footwears
BRELAXO · Mid Cap
₹11.0K Cr·1Y -28%
Sell / Avoid
CA
Campus Activewear
BCAMPUS · Small Cap
₹7.8K Cr·1Y -10%
Hold
SI
Safari Industries
B+SAFARI · Small Cap
₹9.5K Cr·1Y 5%
Hold / Watchlist
VI
VIP Industries
DVIPIND · Small Cap
₹5.0K Cr·1Y -32%
Sell / Avoid
AV
Aditya Vision
AADVISION · Small Cap
₹5.4K Cr·1Y 18%
Hold / Watchlist
EM
Electronics Mart India
B+EMIL · Small Cap
₹6.8K Cr·1Y 5%
Hold / Watchlist
SK
Stove Kraft
CSTOVEKRAFT · Small Cap
₹2.8K Cr·1Y -22%
Sell / Avoid
TP
TTK Prestige
BTTKPRESTIG · Mid Cap
₹11.0K Cr·1Y -10%
Sell / Avoid