Kalyan Jewellers India share price extended its strong upward momentum for the third consecutive trading session on Friday as investors cheered the company's robust business update for the June quarter.
The rally comes amid broad-based buying in jewellery stocks after companies in the sector reported better-than-expected business performance in the first quarter of FY27.
As of July 10, 2026, at 11:37 AM, Kalyan Jewellers share price was trading at ₹470.25 each on the NSE, up 6.15%. The stock opened at ₹451.10 and touched an intraday high of ₹483.40, compared with the previous close of ₹443.00. The day's low stood at ₹446.00.
During the trading session, Kalyan Jewellers share price gained as much as 9.12%, touching an intraday high of ₹483.40 against the previous close of ₹443.00. The stock hit the upper circuit at ₹411.75 on July 9, 2026.
The company's market capitalisation stood at ₹48,590.43 crore.
Read More: Titan, Kalyan Jewellers, Senco Gold and Other Jewellery Stocks Rally up to 9%: Here's Why
The jewellery sector has witnessed strong buying interest after companies reported better-than-expected business performance in Q1 FY27.
Despite the 28-day Adhik Maas period, which typically impacts wedding-related jewellery purchases, demand remained resilient. Stable gold prices also supported consumer buying during the quarter, helping jewellery retailers deliver healthy growth.
Kalyan Jewellers reported 38% year-on-year growth in its India business during the June quarter, driven by a 28% same-store sales growth (SSSG).
Other highlights from the business update include:
India revenue increased 38% year-on-year.
International business grew approximately 35%.
West Asia operations recorded around 30% growth.
International markets contributed about 14% of consolidated revenue.
Candere, the company's digital-first jewellery business, reported 112% year-on-year revenue growth.
The company continued expanding its retail network during the June quarter.
During the quarter, Kalyan Jewellers:
Opened 12 Kalyan showrooms.
Added 5 Candere stores.
Expanded its total showroom network to 524 outlets as of June 30, 2026.
The company also said it entered the current quarter on a positive note and plans to open additional showrooms while introducing new collections ahead of the festive and wedding season to support future growth.
Kalyan Jewellers share price extended its three-day rally as investors responded positively to the company's strong Q1 FY27 business update. Healthy growth, continued showroom expansion, and a positive start to the current quarter remained key highlights for the company.
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Published on: Jul 10, 2026, 11:42 AM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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