# Motilal Oswal picks Titan and Kalyan Jewellers as top bets in jewellery sector 2026-08-12T17:20:19+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Motilal Oswal has named Titan and Kalyan Jewellers as top picks in India's organised jewellery retail sector, with buy ratings and target prices of Rs 6,000 and Rs 800 respectively, implying upside of 18% and 34%. The brokerage says the organised segment now commands 40-45% of India's Rs 8.5 lakh crore jewellery market, nearly doubling from 20-25% in FY19. Titan holds about 43% of branded jewellery stores and Kalyan about 17%, together making up nearly 60% of the organised retail footprint. Multiple brokerages have revised Titan's targets upward, Emkay to Rs 5,600, ICICI Securities to Rs 5,500, though HDFC Institutional Equities maintains a 'Reduce' rating on the stock with a DCF-based target of Rs 4,350. Over N Chandrasekaran's tenure as Tata Sons chairperson, Titan shares have gained 1,015%. ## Coverage - livemint.com - businesstoday.in - businesstoday.in Tags: formalisation, jewellery sector, Kalyan Jewellers, Motilal Oswal, stock picks, Titan Canonical: https://indianopinion.org/motilal-oswal-bets-on-titan-kalyan-jewellers-with-up-to-34-upside/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/motilal-oswal-bets-on-titan-kalyan-jewellers-with-up-to-34-upside/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.