The jeweller had reported a net profit of ₹137.493 crore in the fourth quarter of financial year 2023-24
Kalyan Jewellers stock has swung over 40% twice so far in 2025, and over 30% four times in the last four months. Technical chart suggests that the stock could potentially rally over 25% from here on.
Kalyan Jewellers on Friday reported a 37 per cent year-on-year increase in consolidated revenue for the fourth quarter of FY2024-25, despite extreme volatility in the gold prices. The company reported a consolidated net revenue of Rs 4,563.72 crore in the fourth quarter (January-March) of the 2023-24 fiscal. India operations saw 39 per cent revenue growth during the March quarter of the fiscal 2024-25, with 21 per cent same-store sales growth, the company said in a regulatory filing. The revenue from the Middle East operation rose 24 per cent, contributing 12 per cent to consolidated revenue. The company said 25 Kalyan showrooms and 14 Candere showrooms were opened during Q4 in India. The Candere segment recorded a revenue growth of 22 per cent during the reported quarter of 2024-25. The company plans to launch 170 new showrooms across Kalyan and Candere formats. "We have completed signing Letter of Intents for the Franchisee Owned Company Operated (FOCO) showrooms planned for t
In India, Gold futures surpassed the Rs 86,000 per 10 gram-mark on the Multi-commodity Exchange (MCX) last week
However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.
Derivative market update for February 1: Data shows that FIIs hold 8 short positions in index futures for every long trade; retail, DIIs, proprietary traders hold bullish bets.
Kalyan Jewellers reported a consolidated net profit of Rs 218.82 crore as compared to Rs 180.61 crore a year ago, up 21 per cent
Kalyan Jewellers on Thursday posted a 21.23 per cent jump in consolidated net profit to Rs 218.68 crore for the third quarter of the 2024-25 fiscal on robust sales. The company had reported a net profit of Rs 180.37 crore in the year-ago. Total income increased by 40 per cent to Rs 7,318.19 crore during the December quarter of the 2024-25 fiscal, from Rs 5,243.20 crore in the year-ago period. Expenses remained higher at Rs 7024.63 crore from Rs 5,004.65 crore in the said period. Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said: We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note." The company is on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter, he added.
Market insiders reveal that bears are homing in on vulnerable stocks with lofty valuations, promoter share pledging, and negative news triggers
The company's promoters pledged an additional 36.15 million equity shares or 3.5 per cent of total equity of the company in favor of multiple non banking finance companies and others.
Carlyle-backed Hexaware Technologies plans to raise Rs 9,950 crore through a pure offer for sale (OFS), with shares being sold by CA Magnum Holdings
Shares of Kalyan Jewellers India jumped 9.3 per cent at Rs 548.65 per share on the BSE in Monday's intraday trade
In an analyst call on Tuesday the company's management had dismissed concerns around corporate governance
In the previous two calendar years, the market value of Kalyan Jewellers has more than doubled with a 180 per cent surge in CY23, and 116 per cent rally in CY24
Retail investors most bullish in last 7 months, with long-short ratio in index futures at 5:2. On the other hand, FIIs hold 5 bearish bets in index futures for ever long trade; shows NSE F&O data.
Angel One, Kalyan Jewellers, Union Bank, CAMS and JSW Energy have seen open positions increase up to 53 per cent amid a fall in share price; shows NSE derivatives market data.
The Watches & Wearables domestic growth was 13 per cent Y-o-Y, with analog watches clocking a robust 19 per cent growth
Kalyan Jewellers share price: Kalyan Jewellers concluded the recent quarter with a consolidated revenue growth of approximately 39 per cent year-on-year
Derivatives market data shows FIIs net sold 78,868 contracts of Nifty futures in first 4 trading days of Jan series while OI rose 74,992 contracts; thus implying build-up of short positions in Nifty.
Jewellery retailer Kalyan Jewellers on Tuesday reported a 3.37 per cent decline in consolidated profit after tax (PAT) to Rs 130.32 crore during the September quarter. The company's PAT stood at Rs 134.87 crore in the year-ago period, Kalyan Jewellers said in a regulatory filing. Revenue from operations of the company witnessed a 37.39 per cent growth during the quarter under review at Rs 6,065.48 crore compared to Rs 4,414.53 crore in the same period of the previous year. The company said there was a one-time loss of Rs 69 crore due to reduction in customs duty in India during the second quarter of FY25. "We are extremely excited with the way the current year has progressed thus far, despite volatile gold prices and the ongoing quarter is also witnessing robust footfalls. We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note," Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said.