Kalyan Jewellers shares: 35% upside? Citi, ICICI Sec, MOFSL reveal fresh target prices
2 sources·Updated August 5, 2026
Covered by 2 sources
- Economic Times·3h agoKalyan Jewellers slips 3% as Q1 margin pressure overshadows 32% jump in net profit
Kalyan Jewellers shares fell 3% after its June-quarter results highlighted margin pressure despite strong earnings growth. Consolidated net profit rose 32% year-on-year to Rs 348.7 crore, while revenue surged 45.7% to Rs 10,588.9 crore. Investors remained cautious as higher gold…
Read at Economic Times → - Business Today IN·4h agoKalyan Jewellers shares: 35% upside? Citi, ICICI Sec, MOFSL reveal fresh target prices
Kalyan Jewellers was hit by a higher proportion of exchanged gold, promotional offers as part of the exchange campaign, and a one-off gain in platinum and silver sales during the base quarter of Q1FY26.
Read at Business Today IN →
