Kalyan Jewellers rallies 48% in 4 days on strong Q1FY27 update
Kalyan Jewellers jumped 10% in a session and 48% over four days after a robust Q1FY27 business update: 38% domestic revenue growth, 28% same-store sales growth, and 17 new showrooms taking the total to 524. Online arm Candere posted 112% revenue growth. Brokerages reiterated Buy with targets of Rs 670-750.
Kalyan Jewellers shares jumped 10% (48% in four sessions) after a strong Q1FY27 update: 38% domestic revenue growth, 28% SSSG, 17 new showrooms (524 total) and Candere revenue up 112%. Brokerages reiterated Buy with targets to Rs 750.