Kalyan Jewellers India Ltd

(KALYANKJIL)

Kalyan Jewellers Reports Strong Q2 Growth - 08 Oct, 2024

Kalyan Jewellers experienced a 39% revenue growth and 23% same-store sales increase in Q2FY25, driven by strong gold demand and reduced customs duty. The company plans to open over 130 new showrooms, including its first in the US by Diwali.

Kalyan Jewellers Reports Strong Q2 Growth Amid Selloff - 07 Oct, 2024

Kalyan Jewellers announced a 37% revenue growth for Q2 2024-25, aided by increased footfalls from customs duty cuts. Despite a 5% stock drop, operational performance remains robust.

Kalyan Jewellers Shows Strong Growth and Management Changes - 05 Oct, 2024

Kalyan Jewellers has delivered significant returns to shareholders, with a 20% annual profit growth over five years. The company has seen a management shift and may undergo another promoter change soon, despite a decrease in shareholder numbers.

Kalyan Jewellers Promoter Secures Major Loan - 27 Sep, 2024

TS Kalyanaraman, promoter of Kalyan Jewellers, raised Rs 2,500 crore from Oaktree Capital, pledging 8.26% stake. This follows a significant rise in share value, indicating investor confidence.

Kalyan Jewellers Hits 52-Week High Amid Growth - 16 Sep, 2024

Kalyan Jewellers shares soared to a 52-week high of Rs 749, closing at Rs 720, supported by strong Q1 results and an upgraded price target from Citi. The stock has gained 227% in one year, reflecting robust investor confidence.

Kalyan Jewellers Achieves Growth and New Price Targets - 13 Sep, 2024

Kalyan Jewellers has seen significant stock performance, with HSBC and Citi raising price targets due to strong revenue growth and expansion plans. The company reported a 27% increase in revenue for Q1 FY24, reaching a 52-week high of Rs 749 per share. Kalyan aims to open 80 new stores annually while focusing on debt reduction.

Kalyan Jewellers Target Raised Amid Strong Growth - 12 Sep, 2024

Kalyan Jewellers' stock surged after HSBC raised its price target to Rs 810, highlighting significant growth potential and ongoing capital-light expansion strategies. The stock has risen eightfold in two years, with a projected upside of 19-26%. Analysts remain optimistic about the company's future, driven by strong revenue growth and expansion plans.

Kalyan Jewellers Expands Presence with New Outlet - 10 Sep, 2024

Kalyan Jewellers has opened a new showroom in Hyderabad, marking its eighth outlet in Telangana. The launch features a range of exquisite jewellery designs and introduces the lifestyle brand Candere, catering to modern consumers with trendy, lightweight collections.

Kalyan Jewellers Expands Presence with New Showroom - 09 Sep, 2024

Kalyan Jewellers inaugurated its 8th showroom in Telangana at Charminar, featuring a range of exquisite jewellery designs. The launch included the unveiling of Candere, a lifestyle jewellery brand targeting Gen Z and modern consumers. Exciting offers and a commitment to quality assurance were announced to enhance customer experience.