Kalyan Jewellers News
Kalyan Jewellers is shining, but the valuation is pricey
With industry-leading growth, analysts expect Kalyan’s rich valuation to sustain
1 min read18 Nov 2024Kalyan Jewellers Q2 earnings show 3.3% dip in profit, revenue growth rises 37%
Kalyan Jewellers reported a net profit decline of 3.3% to ₹130 crore for the September quarter, affected by a ₹69 crore one-time loss. However, revenue increased 37.5% to ₹6,091.5 crore, and net profit for H1FY25 rose 10.6% to ₹308 crore.
1 min read13 Nov 2024Up 900% in three years, will Diwali hoist this jewellery stock to new heights?
Kalyan Jewellers has already seen its stock price more than double just this year, but for this glittering performance to continue it must expand its reach and squeeze out more profit.
6 min read15 Oct 2024Senco Gold vs Kalyan Jewellers: Which jewellery stock should you pick for long term?
As jewellery stocks shine, Senco Gold and Kalyan Jewellers are strong long-term contenders. Kalyan excels in quality and sentiment, while Senco offers better value. With both presenting unique growth opportunities, investors must decide which stock aligns best with their long-term goals.
6 min read20 Sep 2024Jewellery stocks TBZ, Motisons Jewellers and 4 others soar up to 55% in September so far: What’s powering the rally?
Shares of Tribhovandas Bhimji Zaveri (TBZ) jumped 54% in September so far, while those of Motisons Jewellers, PC Jeweller, Senco Gold, Kalyan Jewellers, and Thangamayil Jewellery have jumped 47%, 36.35%, 18%, 16%, and 10% during the same period.
3 min read18 Sep 2024TBZ, Motisons Jewellers, and 4 other jewellery stocks surge up to 18.5% as gold hits record high
Jewellery stocks surged as gold reached record highs due to central banks cutting interest rates amid easing inflation. Notable gains were seen in Kalyan Jewellers and others, while spot gold prices hit $2,570 per ounce, reflecting increased demand and investor sentiment.
3 min read13 Sep 2024Kalyan Jewellers stock jumps over 7%, hits new record high for 3rd day in a row: What’s driving the surge?
HSBC Securities has lifted its target price on Kalyan Jewellers’ target price to ₹810, maintaining a ’buy’ rating. Despite an 800 percent rise in two years, the brokerage sees further growth potential due to Kalyan’s evolving business model and market positioning.
3 min read13 Sep 2024Already a 10-bagger in two years, can this jewellery maker topple Titan?
Investors certainly seem to think so, given that its stock trades at 100 times its latest 12-month earnings versus Titan’s 90 times earnings. But we’re not so sure.
4 min read4 Sep 2024Breakout stocks to buy or sell: RBL Bank to Kalyan Jewellers — Sumeet Bagadia recommends five shares to buy today
Breakout stocks to buy or sell: Sumeet Bagadia has recommended five shares to buy today — Morepen Lab, RBL Bank, Kalyan Jewellers, Sutlej Textiles, and Rane Engine
2 min read23 Aug 2024Highdell Investment to sell 2.36% stake in Kalyan Jewellers to promoter TS Kalyanaraman; deal valued at ₹1,300 crore
Highdell Investment is selling 2.42 crore equity shares for a purchase price of ₹535 per share, which values the sell-off deal at ₹1,300 crore, according to an exchange filing by Kalyan Jewellers.
1 min read21 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared