Kalyan Jewellers Rallies 36% in 3 Days on Strong Q1 Update, Citi's Rs 750 Target
Kalyan Jewellers shares surged 8.67% to Rs 483.10, capping a 36% three-day rally after a Q1FY27 update showing 38% revenue growth and ~28% SSSG. Candere revenue jumped 112%. The company operates 524 showrooms and opened 17 during the quarter. Citi set a bullish Rs 750 target.
Kalyan Jewellers shares surged 36% in three days after a strong Q1FY27 update showing 38% revenue growth, ~28% SSSG, and Citi's bullish Rs 750 target. Candere grew 112%; company opened 17 new showrooms during the quarter.