Kalyan Jewellers Rallies 53% in Six Sessions on Strong Q1 Update
Kalyan Jewellers stock surged over 53% across six straight sessions after a strong Q1 business update: 38% YoY revenue growth, ~28% SSSG, and Candere up 112%. Aggressive store expansion continues with 524 showrooms globally. Citi set a bullish Rs 750 target; intraday high hit Rs 542.10.
Kalyan Jewellers stock rallied 53% over six sessions after strong Q1 business update: 38% revenue growth, 28% SSSG, Candere up 112%, aggressive store expansion, and Citi's bullish Rs 750 target.
Why this matters
Extends Kalyan's rally streak: prior signals flagged a 50% surge in five sessions and a ~51% five-session gain, both driven by strong Q1 growth. The six-session move sustains that momentum.
Retail-company signals accelerating, up 796100% QoQ.