Kalyan Jewellers jumps 8.6% to Rs 385.70 on 38% YoY Q1 FY27 revenue growth
Kalyan Jewellers shares surged 8.6% to Rs 385.70 after reporting 38% YoY revenue growth in Q1 FY27, driven by strong demand across India and the Middle East. The rally stood out amid weak broader markets, with analysts flagging a target of Rs 444 (91% upside).
Kalyan Jewellers rose 8.6% after posting 38% YoY Q1 FY27 revenue growth on strong Indian and Middle Eastern demand. Other movers included Jio Financial (-4%), Aequs, Lodha and Aether amid weak overall markets.
Why this matters
The move extends bullish momentum after Citi's Rs 750 target and a 6% jump on the Q1FY27 update where MOFSL saw 47% upside to Rs 525, reinforcing analyst conviction on Kalyan.
Retail-company signals accelerating, up 654700% QoQ.