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Kalyan Jewellers stock jumps 4%, bucks weak market after Citi sees potential for shares to more than double
Kalyan Jewellers stock emerged as the top gainer on BSE Midcap index on Wednesday morning. Despite the modest revenue miss, Citi remained constructive on the company's long-term prospects, citing its franchise-led expansion strategy as a key growth driver.
Kalyan Jewellers falls over 2%, PC Jeweller slips as bullion prices tumble
The weakness in the stocks came as gold prices extended losses in international markets
Kalyan Jewellers stock rises 3% in early trade after strong Q4 update; trims gains after sharp opening spike
The initial surge in Kalyan Jewellers stock follows the company’s strong Q4 operational performance, with India business revenue growing about 64 percent year-on-year and same-store sales rising over 45 percent, indicating healthy demand momentum.
Kalyan Jewellers stock jumps over 7% today, now up 34% in three sessions; Rs 11,500 crore added to m-cap
The sharp 3-day rebound has erased most of the stock's losses for the year, with Kalyan Jewellers now down just 2.1 percent in 2026, compared with a 7.5 percent decline in the Nifty 50.
Kalyan Jewellers shares surge 34% in three days on bullish brokerage calls: Should you buy, sell or hold?
Kalyan Jewellers stock falls 8% despite strong Q1 update; business growth trails Titan
The decline in Kalyan Jewellers share price today came even as the company reported robust double-digit growth across its domestic and international operations during the June quarter, as its growth lagged that of larger rival Titan.