Kalyan Jewellers Share Price | Shares of Kalyan Jewelers India Company saw a 6 percent rise on Thursday. And the stock was trading at Rs 246.95. In contrast, the S&P BSE Sensex was trading at 65,051, down 0.05 percent. Today, however, Kalyan Jewelers India stock is trading under selling pressure.
Kalyan Jewelers Share Price today on 01 September 2023.
Shares of Kalyan Jewelers share company have earned strong returns to their investors in the past three months. Today, Friday September 1, 2023, shares of Kalyan Jewelers India Company are trading at a price of Rs 250.95, down 0.34 percent.
Kalyan Jewelers India recently announced its June quarter results. The company reported a 134 percent increase in net profit during the quarter on strong revenue and a healthy business outlook. Kalyan Jewelers India reported an operational revenue of Rs 4,387 crore in the first quarter, a growth of 31 percent on a year-on-year basis.
Kalyan Jewelers India has seen strong growth in customer growth across all markets in India and the Middle East over the past few quarters. The festival and wedding season is about to start in India. Therefore, the management board of the company is planning to launch new showrooms in the future.
Kalyan Jewelers India plans to open more than 50 showrooms in FY 2024. The company has informed in its annual report for the financial year 2023-24 that the company expects a 23-25 percent growth in revenue this financial year.
Important: Investing in mutual funds and stock market is based on risks. Be sure to consult your financial advisor before investing in the stock market. AkhandIndia.com shall not be liable for any financial loss.
