India's Kalyan Jewellers rises after quarterly revenue jump

Kalyan Jewellers India

07/04/2026 05:27

** Shares of Kalyan Jewellers KALN.NS rise as much as 4% to 437.40 rupees

** KALN says Q4 consol rev up 64% y/y helped by wedding, discretionary demand

** International business rev up 45%, contributing about 11% to overall revenue

** In the Middle East, co revenue growth of about 39% driven by same-store sales rise

** Nine analysts have "strong buy" rating on avg for KALN; median PT is 650 rupees - data compiled by LSEG

** YTD, KALN down about 14%

(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))