# Kalyan Jewellers stock rises 36% in 3 days The company's market value increased by 13,280 crore in 3 days - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-07-10 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/43a5e129-5edb-4e49-9e40-c26d3d81550e ## Kalyan Jewellers' remarkable rise Kalyan Jewellers' stock recorded an extraordinary 36% rise in the last 3 trading days. On Friday, it rose 9% to reach 483.40 rupees, marking its highest level in the last six months. This increase boosted the company's market value by 13,280 crore rupees. ## Strong quarterly performance The company's consolidated revenues grew by 38% in the first quarter of FY27. This growth occurred despite the Adhik Maas period, when gold purchases typically decline. Same-store sales rose by 28%, while the recycled gold ratio reached 46%. ## Growth in international operations The company recorded a 30% revenue increase in the Middle East, showcasing strong performance despite geopolitical tensions in the region. In India, 12 new showrooms and 5 Candere stores were opened. The company continues preparations for the upcoming wedding season. ## Analysts' optimistic expectations Citi set a target price of 750 rupees for Kalyan Jewellers' stock, predicting a potential 69% upside. ICICI Securities maintained a 'Buy' recommendation with a target of 670 rupees. Analysts believe the company's franchise model will support growth. ## Risks and opportunities in the sector Experts note that formalization in the jewelry sector is an advantage for the company, while a potential decline in diamond prices is seen as a risk. The company's asset-light model is expected to boost return on capital. ## Long-term returns The stock, which rose 40% in the last month, delivered returns of 190% over 3 years and 514% over 5 years. However, after a 2% decline in 2026, the stock continues to offer both risk and high return potential for investors. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/kalyan-jewellers-jumps-9-extends-3-day-rally-to-36-whats-next/articleshow/132303291.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._