Page 3 - Kalyan Jewellers

Bears on the prowl as markets turn skittish; individual stocks hit hard

Market insiders reveal that bears are homing in on vulnerable stocks with lofty valuations, promoter share pledging, and negative news triggers

Kalyan Jewellers slips 7%, hits 6-mth low; tanks 38% in 13 days; here's why

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.

Sebi approves 6 IPOs; Kalyan Jewellers shares jump; Laxmi Dental gains 30%

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

Kalyan Jewellers jumps 9% as Motilal Oswal AMC denies social media claims

Shares of Kalyan Jewellers India jumped 9.3 per cent at Rs 548.65 per share on the BSE in Monday's intraday trade

Kalyan Jewellers stock plunges 28% in Jan, over Rs 21k cr mcap wiped out

In an analyst call on Tuesday the company's management had dismissed concerns around corporate governance

Kalyan Jewellers' stock extends fall for 8th straight day; stock slips 27%

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

Paytm, Angel One, Kalyan Jewellers among 6 stocks with huge short build-up

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 Jewel among 5 F&O stocks with short positions in 3 days

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.

Q3FY25 updates point to strong growth ahead for jewellery companies

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 rallies 5% post Q3 biz update, pares gains later

Kalyan Jewellers share price: Kalyan Jewellers concluded the recent quarter with a consolidated revenue growth of approximately 39 per cent year-on-year

ATGL, IRB, Kalyan Jewellers top F&O buys in Jan thus far; FIIs short Nifty

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.

Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore

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.

MSCI rejig: Time to buy Alkem, BSE, Voltas now or wait? Key levels here

Technical charts indicate that the 5 newly added stocks to the MSCI index are favourably placed and could soar up to 19% in forthcoming trading sessions.

Kalyan Jewellers Q2 revenue up by 39% on robust same-store-sales growth

Jewellery retailer Kalyan Jewellers on Monday said its revenue from India operations witnessed an on-year growth of around 39 per cent during the second quarter of 2024-25, led by robust footfalls across markets with a healthy same-store-sales-growth. "Our India operations witnessed revenue growth of approximately 39 per cent during the second quarter of FY25, compared to the same period of FY24, led by robust operating momentum on the ground across all markets with healthy same-store-sales-growth of approximately 23 per cent," Kalyan Jewellers said in a regulatory BSE. Custom duty reduction on gold imports, announced during the 2024-25 Union Budget, resulted in significantly higher levels of footfalls from the last week of July till the end of August, mostly negating the impact of 14 days of Shradh (when sales are typically more muted) and extreme volatility in gold prices, the company said. In the Middle East, the jewellery retailer witnessed revenue growth of 24 per cent compared

Warburg Pincus to sell entire 9.17% stake in Kalyan Jewellers India

Shares of the jewellery retailer rose 9 per cent to end at Rs 597.5 on the BSE

Kalyan Jewellers shares rally 8% as promoter inks pact to increase stake

Kalyan Jewellers stock surged on the BSE after the company's promoter TS Kalyanaraman plans to increase his stake

Warburg Pincus affiliate sells 2.36% stake in Kalyan Jewellers for $155 mn

The deal will see Highdell, the Warburg affiliate, sell over 24 million shares at 535 rupees each to Trikkur Sitarama Iyer Kalyanaraman, which currently holds 60.59% in the jeweller

How to trade Titan, other jewellery stocks amid rising Gold prices?

Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.

Kalyan Jewellers revenue growth surges 27% in Q1 FY25, plans expansion

Kalyan Jewellers on Friday reported a 27 per cent year-on-year increase in consolidated revenue for the first quarter of the financial year 2024-25, driven by strong performance in both Indian and Middle Eastern markets. The company had reported a consolidated net revenue of Rs 4,376 crore in the first quarter (April-June) of the 2023-24 fiscal year. India operations saw a 29 per cent revenue growth during the first quarter of this fiscal, compared to the corresponding quarter of the previous fiscal year, with a 12 per cent same-store-sales growth, the company said in a regulatory filing. The revenue from Middle East operations was up 16 per cent, contributing 15 per cent to the consolidated revenue. The company said 13 new franchisee-owned-company-operated (FOCO) showrooms were opened during the April-June period this year in India, while the digital platform Candere recorded a 13 per cent revenue growth. The company said it plans to convert its Candere business into a wholly-own

Motilal Oswal initiates coverage on Kalyan Jewellers, Senco; details here

Overall, the jewelley sector has seen an approximately 8 per cent revenue CAGR during FY19-24, reaching Rs 6,40,000 crore in market value, with the organised segment growing at 18-19 per cent