A strong double-digit same-store sale growth continued for Kalyan Jewellers, but Titan's domestic like-for-like growth was in low double digits, MOFSL said.
Select jewellery firms- Titan Company, Kalyan Jewellers and PN Gadgil Jewellers shared their quarterly business updates and brokerage firms continue to remain positive on them.
Kalyan Jewellers share price: Kalyan Jewellers shares were down 3.41 per cent at Rs 470.50. At this price, the stock has corrected 39.24 per cent in 2025 so far.
Kalyan Jewellers has displayed a healthy growth in the fourth quarter, even with gold prices shooting up by 15 per cent quarter-on-quarter, ICICI Securities said.
Kalyan Jewellers share price: Bourses BSE and NSE have put the securities of Kalyan Jewellers under the short-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.
Kalyan Jewellers share price: The stock was trading 1.13 per cent higher at Rs 572.30 in Wednesday's trade. At this price, it has moved up 26.91 per cent in the last five trading sessions.
Kalyan Jewellers India shares rose 9.31 per cent to hit a high of Rs 481.30. Despite this, the scrip still is down 38.47 per cent in January so far.
Kalyan Jewellers Q3: The company's revenue from operations jumped 39.51 per cent to Rs 7,286.88 crore in Q3 FY25 from Rs 5,223.08 crore in the corresponding period last year.
Kalyan Jewellers shares fell 4.27% to Rs 438.90 against the previous close of Rs 458.50 on BSE. Market cap of the firm fell to Rs 45,269 crore.
Kalyan Jewellers shares slipped 5.47% to Rs 433.40 in the current session against the previous close of Rs 458.50 on BSE.
Kalyan Jewellers shares have gained 26.59 per cent in one year and risen 284.65 per cent in two years.