Kalyan Jewellers India Ltd Share Price (KALYANKJIL)

Kalyan Jewellers Reports 34% YoY Increase in Q4 Revenue - 20 Apr, 2024

Kalyan Jewellers reported a 34% YoY increase in consolidated revenue for Q4 FY23-24, driven by robust footfalls ahead of the wedding season and consistent demand despite fluctuating gold prices. HSBC has maintained a buy call on Kalyan Jewellers with a target price of Rs. 500 apiece.

Kalyan Jewellers Outperforms Titan in Q4FY24 Amidst Adverse Market Conditions - 09 Apr, 2024

Despite adverse market conditions due to rising gold prices affecting the industry, Kalyan Jewellers India Ltd has outperformed Titan Company in Q4FY24 with a significant YoY jewellery revenue growth of 38%. ICICI Securities has increased its earnings estimates for FY25-26E.

Kalyan Jewellers Reports Strong Sales Growth in Q4 FY24 - 08 Apr, 2024

Kalyan Jewellers reports a 34% YoY growth in consolidated revenue for Q4 FY24, driven by strong footfalls and India sales. Brokerages have raised their respective target prices on the stock post-Q4 update, with HSBC maintaining a Buy rating and a target of Rs. 500. Titan Company and Kalyan Jewellers report steady demand through Q4 FY24 despite volatile gold prices.

Kalyan Jewellers Reports Strong Revenue Growth and Launches Redesigned Showroom - 06 Apr, 2024

Kalyan Jewellers India Ltd reported a consolidated revenue growth of approximately 34% YoY in Q4, driven by robust operating momentum and healthy same-store-sales-growth. The company also launched its redesigned showroom in Kadapa featuring an extensive range of designs from various collections.

Kalyan Jewellers Reports Strong Revenue Growth in Q4 FY24 - 05 Apr, 2024

Kalyan Jewellers reports a 34% YoY increase in consolidated income for Q4 FY24, with India operations recording approximately 38% YoY growth. The company added 10 new showrooms in India and plans to launch 130 more in FY2025. Shares rose 3%.

Kalyan Jewellers Plans Expansion Amid Strong Financial Performance - 28 Mar, 2024

Kalyan Jewellers plans to expand its base with new stores in the US and India, targeting mid-to-high-income consumers. The company's stock has risen over four-fold in the past year amid strong financial performance.

Kalyan Jewellers Debt Ratings Upgraded by India Ratings and Research - 27 Mar, 2024

India Ratings and Research has upgraded Kalyan Jewellers' long-term and short-term debt ratings to IND A+/IND A1+ from IND A/IND A1, citing strong growth momentum, an improvement in credit metrics, and the company's diversification across geography and products. The outlook on the long-term debt rating is stable. Kalyan Jewellers continued to witness healthy same store sales growth and demand traction in new stores, with consolidated revenue growing 30% YoY in both FY23 and 9MFY24.

Kalyan Jewellers Promoter Sees 200% Wealth Gain - 26 Mar, 2024

Promoter of Kalyan Jewellers, TS Kalyanaraman & family, saw their wealth increase by $3 billion, a gain of 200%, making them the biggest wealth gainer by percentage.