Kalyan Jewellers Rallies ~51% In Five Sessions On Strong Q1 Update
Kalyan Jewellers shares surged nearly 51% over five sessions, hitting an intraday high of Rs 535, powered by a robust Q1FY27 update: 38% YoY revenue growth, ~28% SSSG and Candere up 112%. Citi set a Rs 750 target as the network expanded to 524 showrooms.
Kalyan Jewellers shares surged ~51% in five sessions on strong Q1FY27 update — 38% revenue growth, 28% SSSG, Candere up 112% — plus Citi's Rs 750 target and rising gold prices. Network reached 524 showrooms.