The performance of stocks of jewellery and jewellery related businesses on the Indian stock exchanges, took an upswing, amongst which six stocks touched a 52-week high, reports say. Some companies accounted an appreciation of up to three to four times their value in less than a year.

The increase in values occurred around the post Diwali days, which for the gem and jewellery industry earned good business. Some of the prominent companies experiencing the increase in their stock values include Goenka Diamond and Jewels Ltd, Tribhovandas Bhimji Zaveri Ltd (TBZ), Thangamayil Jewellery Ltd, Titan Industries Ltd., Vaibhav Gems Ltd., amongst others.