The India operations recorded an SSSG of 27 per cent. The company added 21 new showrooms in India during the quarter.
India-US trade deal: Titan Company, Kalyan Jewellers, PC Jewellers, Tribhovandas Bhimji Zaveri, Thangamayil Jewellery, Rajesh Exports and Senco Gold shares gained up to 10% today.
Meanwhile, on the MCX, gold futures prices witnessed a sharp recovery from their day’s lows. The yellow metal revived from a low of Rs 1.38 lakh per 10 grams to trade around Rs 1.49 lakh per 10 grams.
Kalyan Jewellers India shares slipped as much as 1.7 per cent on the BSE, touching the day’s low of Rs 355.15 in early trade. Meanwhile, the Tata Group-backed Titan Company stock was down 0.99 per cent to Rs 3,937.95.
Kalyan Jewellers: The Kerala-based jeweller is scheduled to announce its third-quarter (Q3 FY26) earnings next month on February 6.
Jigar S Patel of Anand Rathi highlighted a near-term trading range between Rs 380 and Rs 460, noting that a breakout above Rs 445 could improve momentum.
The brokerage highlighted that store expansion during the quarter was marginally ahead of expectations. According to JM Financial, "Store addition above estimates: Kalyan (India) added 21 stores in India and closed 3 stores during Q3 (net 18 store addition; Total Stores – 318). We expected 20 net stores additions."
Technically, the stock traded above the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs).
In its regulatory filing, the jewellery retailer said, "The recently concluded quarter has been a very encouraging one, recording consolidated revenue growth of approximately 42 per cent when compared to the same period in the previous financial year."
Stocks including Lenskart, Bajaj Auto, Hindustan Aeronautics, Trent, Nykaa, National Aluminium, Swiggy, Lupin, Anant Raj, Medanta and more will be in the spotlight on Monday, November 10.
Kalyan Jewellers: Amid a 17% loss in three months, the jewellery stock has recovered 6% in a week.





