{"id":3343,"date":"2025-08-08T06:30:22","date_gmt":"2025-08-08T06:30:22","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/08\/kalyan-jewellers-shares-fall-13-from-days-high-despite-strong-q1-results-what-brokerage-firms-say-markets-news\/"},"modified":"2025-08-08T06:30:22","modified_gmt":"2025-08-08T06:30:22","slug":"kalyan-jewellers-shares-fall-13-from-days-high-despite-strong-q1-results-what-brokerage-firms-say-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/08\/kalyan-jewellers-shares-fall-13-from-days-high-despite-strong-q1-results-what-brokerage-firms-say-markets-news\/","title":{"rendered":"Kalyan Jewellers Shares Fall 13% From Day’s High Despite Strong Q1 Results: What Brokerage Firms Say? | Markets News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

Kalyan Jewellers Share Price Today: The stock falls despite the company reporting robust revenue growth of 31% YoY, led by 18% SSSG (same-store sales growth) growth in India.<\/h2>\n
\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"Kalyan<\/p>\n

Kalyan Jewellers Share Price. <\/p>\n<\/figure>\n

Kalyan Jewellers Share Price Today:<\/strong> Shares of Kalyan Jewellers India Ltd, the Thrissur-headquartered jewellery company, tumbled nearly 9% on Friday, August 8, despite registering gains in three of the past four trading sessions. The stock opened higher at Rs 615.65 but soon reversed course to hit an intraday low of Rs 535, which is 9.46% lower than the previous close of Rs 590.95 and 13.14% down from the day\u2019s high of Rs 616.<\/p>\n

Also Read:<\/strong> Stock Market Update Today<\/a><\/p>\n

Global brokerage Citi has reiterated its \u2018Buy\u2019 rating on the stock and raised its price target to Rs 700, citing solid financial performance. Revenue rose 31% year-on-year, with same-store sales growth in India at 18%, in line with expectations. More notably, EBITDA and PBT surged 35% and 49% YoY, respectively \u2014 exceeding Citi\u2019s estimates by 9% and 14% \u2014 aided by improved operating leverage, a pilot project, and higher platinum and silver sales.<\/p>\n

Kalyan Jewellers is currently working on a pilot initiative dubbed \u201clean credit procurement”, aimed at improving margins and return on capital employed (RoCE). If scaled across the company, it could require a capital infusion of Rs 1,500- Rs 2,000 crore, according to management commentary.<\/p>\n

In addition, the company is:<\/p>\n