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Kalyan Jewellers Rallies 36% in 3 Days on Strong Q1 Update, Citi's 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.

Newer report on another story , , Financial Express : Jefferies sees 39% upside for Kalyan Jewellers as jewellery retail formalises

Reported figures

From the report. Source details below

shares +8.67% to Rs 483.10

Also in the report

  • recycled gold >46% (>55% in June)

Other figures

  • 3-day rally 36.12%
  • 524 showrooms
  • 354 Kalyan India stores
  • 129 Candere outlets

The source

Source Read the source at NDTV Profit

Published

Also reported by Mint

First seen