Skip to main content

Kalyan Jewellers Achieves Historic Milestone 2026

Shares of Kalyan Jewellers India continue to deliver excellent returns to investors. Following the release of strong first-quarter business updates, the stock's value has surged by up to 36% over the past three days, including a 9% rise on Friday alone.

Kalyan Jewellers Achieves Historic Milestone; Market Value Rises by ₹13,280 Crore in Three Days


Historic Milestone; Market Value Rises by ₹13,280 Crore in Three Days


On the National Stock Exchange (NSE), the company's share price climbed to ₹483.40 per share—a six-month high. This significant rally over three days has added over ₹13,280 crore to investor wealth, pushing the company's market capitalization to ₹49,896 crore.


Kalyan Jewellers: First-Quarter Business Update


On Tuesday, Kalyan Jewellers reported a highly satisfactory performance for the April-June quarter of the current fiscal year. Consolidated revenue grew by nearly 38% compared to the same period in the previous fiscal year. This growth is particularly noteworthy for the gold jewellery company, as the quarter included a 28-day period during which customers typically avoid purchasing gold jewellery.


The company recorded a growth of approximately 28% in same-store sales. During the first quarter of the fiscal year, the share of recycled gold in total revenue rose to over 46%. In June alone, recycled gold accounted for more than 55% of the revenue. In terms of operations, revenue grew by approximately 35% year-on-year in the first quarter of the 2027 fiscal year. Kalyan has launched 12 new showrooms and 5 Candere showrooms in India. The current quarter has started off strongly. In a statement, the company expressed confidence regarding the opening of new showrooms, the launch of new collections, and advertising campaigns ahead of the upcoming festive and wedding seasons across the country.


What is the outlook for Kalyan Jewellers' shares?


Citi remains bullish on Kalyan Jewellers' stock, projecting a potential rise to Rs 750 per share. This represents an upside potential of over 69% from the previous closing price of Rs 443. The international brokerage expects the company's store expansion strategy to continue driving revenue growth. Additionally, the company's asset-light model is expected to help reduce debt and improve the return on capital employed.


Meanwhile, ICICI Securities has issued a 'Buy' recommendation for the stock with a target price of Rs 670, indicating an upside of over 51%. The brokerage noted that Kalyan Jewellers' strong performance in the first quarter of FY27—despite various headwinds—reflects the resilience of underlying demand for jewelry.


It believes that continuous store expansion and the ongoing formalization of the jewelry industry reinforce its positive outlook. However, it also warned that any potential structural decline in natural diamond prices remains a key risk. Kalyan Jewellers Share Price


Kalyan Jewellers shares have risen by over 25% in a week and more than 40% in a month. However, the stock has fallen by approximately 2% so far in 2026 and by 19% over the past year. On a long-term basis, the stock has delivered returns of 190% over three years and 514% over five years.

Tags:

Comments

Post a Comment

Like this 22k jewelers blog?

Popular posts from this blog

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...
Post a Comment
Read more

Why stock market investment tips don't work in india

It is said that proper research and analysis are necessary for direct investment in stocks. However, many investors seek tips that point to stocks that can be profitable.    Stock market why stock market investment tips don't work properly Although they attract recommendations to buy or sell specific stocks, they can cause problems in practice. Especially now, with the influence of social media, stock recommendations are followed by many people. Let's look at the problems in investing in stocks based on tips. Stock Guidance: It is natural to be interested in knowing stocks that can win among thousands of stocks. But finding them is difficult. That is why many people believe that investment tips will answer this. These tips do not contain investment-related guidance. New Trends: Not only stocks, but also mutual fund schemes are given tips. These are like the technology sector is the future or the pharmaceutical sector is now safe. The basics of this strategy and th...
Post a Comment
Read more

India will be the global gold price setting body

New Delhi: India is planning to become a gold price setter, the Chamber of Commerce of India said at a gold and gemstone conference. The industry said at the event, Gold price India will emerge as a country that sets gold prices India is a global gold price s etter. Instead, it should become a gold price setter. Domestic mining will help in this. Domestic production will meet 20 percent of the country's gold demand in the next decade. Due to insufficient domestic gold production and the lack of a gold banking system, we have to depend on the London market price. In the next 2-3 years, India will emerge as the world's jewelry hub. Gold and jewelry purchases should be honest and transparent. The Indian Standards Institution plays a key role in determining the quality of gold. Similarly, the OECD and London Bullion Market Association standards can also be adopted or equivalent standards can be developed. Similarly, the ban on the export of 24-carat gold from India h...
Post a Comment
Read more