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The Economic Times
The Economic Times
Ritesh Presswala

Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update

Kalyan Jewellers Kalyan Gold Candere

Shares of Kalyan Jewellers India surged as much as 9% to Rs 407.75 in Thursday's trade, extending their winning streak for a second straight session. The stock has now rallied more than 15% in two days, buoyed by the company's strong first-quarter business update. In the previous session, the shares had gained over 6% after the company reported robust revenue growth.

The jewellery retailer posted an estimated 38% year-on-year increase in consolidated revenue for Q1 FY27, driven by strong demand across its domestic and international markets.

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