Kalyan Jewellers

The average trading volume at the Kalyan Jewellers' counter jumped 10-fold with a combined 17.37 million shares changing hands on the NSE and BSE till 09:32 AM on Wednesday.

Stocks to watch: Kalyan Jewellers, MTNL, Dabur, HUL, IIFL Finance, MRF, NBCC, Balrampur Chini Mills, Tata Motors PV, DLF, Bajaj Finance, among others, will be in focus today.

Jefferies noted that Kalyan Jewellers is among India's largest organised jewellery retailers, with over 500 showrooms globally and 7 per cent share of the organised jewellery market.

Festival shift weighs on sales; better mix supports margins

Kalyan posted a consolidated revenue growth of over 26 per cent year-on-year (YoY), led by robust operating momentum on the ground with healthy same-store-sales growth.

Analysts attribute the decline in most jewellery stocks to profit booking by investors and an appeal by PM Modi to avoid buying gold if not needed.

India has a strong opportunity to emerge as a global hub for design-led jewellery manufacturing, supported by its manufacturing capabilities, craftsmanship and more FTAs, says Senco Gold.

Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One believes that the technical set-up of Titan, Kalyan Jewellers and Hindustan Zinc suggests further upside for these stocks.

Kalyan Jewellers share price hit a 52-week high of ₹634.20 after a gap of over 11 months, surpassing its previous record of ₹615.65 touched on August 8, 2025.

Muthuselvaraj M of Mirae Asset Sharekhan expects Kalyan Jewellers, Paytm and Lodha Developers to target ₹665, ₹1,600 and ₹1,375 on the upside owing to bullish formations on the technical charts.

Kalyan Jewellers share price has zoomed 47% in four days following a robust business update for the April-June quarter of the financial year 2026-27.

Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday's intra-day trade.

Kalyan Jewellers has reported a 38% Y-o-Y increase in consolidated revenue for the first quarter of FY2026-27, driven by strong performance in both Indian and Middle Eastern markets.

Govt hikes gold import duty: The move triggered selling in jewellery stocks, including Kalyan, Senco Gold, Titan. On the contrary, shares of Manappuram Fin, Muthoot Fin, and IIFL Finance rose up to 7%

Gold-related stocks are likely to remain in focus post 15% import duty hike. In the last two days, these shares tumbled up to 15% after PM Modi appealed to Indians to abjure buying gold for a year.

Shares of jewellery companies like Titan and Kalyan Jewellers were dragging the overall index down after Prime Minister Narendra Modi's speech at a public event in Hyderabad over the weekend

Titan and Kalyan Jewellers posted strong Q4 revenue growth driven by jewellery demand, though rising bullion sales and gold prices weighed on margins

Kalyan Jewellers India Ltd on Friday reported more than two-fold jump in consolidated net profit to Rs 409.50 crore in the fourth quarter of 2025-26 fiscal, citing higher income. The Kerala-based company had posted a net profit of Rs 187.6 crore in the year-ago period, according to a regulatory filing. Total income for the January-March quarter surged 66 per cent to Rs 10,321.1 crore from Rs 6,222.3 crore a year earlier. Expenses remained elevated at Rs 9,782.28 crore against Rs 5,971.75 crore in the corresponding period. For the full 2025-26 fiscal year, the company reported a net profit of Rs 1,350.39 crore, up by 89 per cent from Rs 714.17 crore in the previous year. Total income increased by 43 per cent to Rs 35,950.88 crore from Rs 25,189.66 crore in the previous fiscal. Kalyan Jewellers Executive Director Ramesh Kalyanaraman said, "We ended the previous financial year on a very strong note and have carried the momentum into the ongoing financial year." The company witnesse

Titan, Kalyan Jewellers, Sky Gold and Thangamayil Jewellery can potentially rally up to 15 per cent from here, believes Om Mehra, technical research analyst at SAMCO Securities.

Strong same store sales and improving buyer growth helped jewellery majors post robust topline growth in the March quarter, signalling a recovery in demand