Shares of Kalyan Jewellers today extended the losing streak to the ninth straight session as the counter hit a record low. The counter opened on a flat
note at Rs 452 and succumbed to the selling make, hitting a low of Rs 389, down 13.8 per cent. Around 3 PM, Kalyan Jewellers shares traded near the day's low to quote at Rs 396 on NSE. Trading activity saw a sharp uptick with 3.58 crore shares of the company changing hands versus the previous session total traded quantity of 54 lakh shares. On the BSE, Kalyan Jewellers shares traded at Rs 393.55 with spurt in volume by more than 5.67 times. It was also the top loser in the BSE 200 pack. Kalyan Jewellers has sharply underperformed in recent periods, posting deep negative returns across all tracked timeframes. The stock has fallen 16.54 per cent over the past week, extended its slide to 17.30 per cent in one month, and is down 17.19 per cent year‑to‑date. On a one‑year basis, the weakness is even more pronounced, with the stock declining 17.90 per cent, reflecting sustained selling pressure and a prolonged loss of momentum. Kalyan Jewellers recorded a traded volume of 321.76 lakh shares and a traded value of Rs 1,310.81 crore for the session. The company currently commands a total market capitalisation of Rs 41,358.14 crore, while its free‑float market cap stands at Rs 15,370.19 crore, reflecting the portion of shares readily available for public trading. Kalyan Jewellers’ stock has seen a wide trading range over the past year, with its 52‑week high at Rs 617.70 on July 24, 2025, and a 52‑week low of Rs 389.10 on January 21, 2026 (Today). The stock's Relative Strength Index was 22. Notably, an RSI above 70 indicates that the stock is overbought, and below 30 indicates the stock is oversold. Meanwhile, 30 to 70 indicates a neutral zone, with 50 often indicating no strong trend. Kalyan Jewellers has been consolidating for more than 200 days and on Jan 21, the share price saw a breakdown. After Wednesday's selling, it became clear that this is a clear-cut, broad-based institutional selling, and the share price could further fall to Rs 334 apiece, said Anshul Jain, Head of Research at Lakshmi Shee. He further added that investors who are invested in the stock "should exit the counter as soon as possible." The company will hold its Earnings Conference Call on Friday, 6 February 2026, to discuss its financial and operational performance for Q3 FY26.
Kalyan Jewellers Q3 Business Update
The company reported a robust 42 per cent year-on-year jump in consolidated revenue for the third quarter of FY2026.
Business Update
- Revenue growth driven primarily by strong festive demand
- Recorded healthy same-store sales growth of 27 per cent
- Revenue growth from international operations at 36 per cent YoY
- Revenue growth in the Middle East at 28 per cent YoY
- International markets contributed 11 per cent to
- consolidated consolidated
- revenue reven
- Revenue growth for digital first jewellery platform Candere at 147 per cent YoY
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
