Kalyan Jewellers Shares Jump 50% In Five Sessions, Adding ₹18,500 Crore To Market Value

Kalyan Jewellers India shares extended their winning run for a fifth straight session on 14 July 2026, rising nearly 5% in morning trade to ₹535, taking the five-session gain to 50.8%.

The rally has added approximately ₹18,500 crore to the company's market capitalisation, which stood at around ₹55,000 crore during the session.

The stock has also swung from being down more than 26% for the year just a week ago to now sitting around 10.3% in the green for 2026, sharply outperforming the Nifty 50's 7.5% decline over the same period.

On 14 July 2026, Kalyan Jewellers India shares closed at ₹530.38, up 3.86%.

What Sparked The Rally

Kalyan Jewellers' Q1 FY27 business update drove the sharp rally in the stock. The company reported around 38% year-on-year growth in consolidated revenue.

Investors reacted positively because the growth came even though the full 28-day Adhik Maas period fell within the quarter. Many customers usually avoid buying gold during this period.

The company also reported same-store sales growth of around 28%.

The share of recycled gold in total revenue went up to more than 46% during the quarter. In June alone, it crossed 55%.

The company's international business also posted steady growth. Revenue from overseas markets rose about 35% year-on-year. The West Asia business grew around 30%, even though geopolitical tensions affected store visits in April.

International markets made up about 14% of the company's consolidated revenue for the quarter.

Online Platform Enables Growth

Candere, the company's online jewellery platform, was the standout performer with revenue surging 112% year-on-year.

Kalyan Jewellers also added 12 new showrooms and five Candere stores during the quarter, taking its total network to 524 outlets as of 30 June.

Management said the second quarter had started positively ahead of the festive and wedding season.

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