Introduction of Kalyan Jewellers Share Price
A jewelry store with headquarters in India, Kalyan Jewellers India Limited sells jewelry made of gold, diamonds, pearls, white gold, gemstones, platinum, and silver. Mudhra, Anokhi, Rang, Vedha, Tejasvi, Apoorva, Ziah, Laya, and Glo are among the brands owned by the company. Chains, rings, necklaces, earrings, bracelets, bangles, gold, white gold, and platinum are among its offerings.
My Kalyan offers a number of services, such as advance jewelry purchase plans, gold insurance, wedding planning, advance purchase booking to guard against price hikes, gift voucher sales, and gold buying advice and instruction. It has about 150 retail locations in the Middle East and India. Kalyan Jewellers FZE, Kalyan Jewellers LLC, Kalyan Jewellers For Golden Jewelry Company, W.L.L., Kenouz Al Sharq Gold Ind.LLC, and Kalyan Jewelers, Inc. are among the company’s subsidiaries.
Following a 26% wipeout in a single month, Kalyan Jewellers' shares saw their finest day in more than a year and a half.
On February 4, Kalyan Jewellers’ shares surged by almost 12%, marking its highest trading day in almost a year and a half. This highlighted the stock’s recent extremely unpredictable movements.
The price of Kalyan’s stock has increased by 29% during the last five days and decreased by 26% over the last month. The stock has quickly recovered from its previous decline, which saw it drop below the Rs 450 per share mark last week. Kalyan’s stock has increased by 62% in the past year.
The increase in Kalyan Jewellers’ stock followed a robust uptrend in both the benchmark indexes and the overall markets. The U.S. paused proposed tariffs on Canada and Mexico, providing a short-term reprieve from rising trade tensions. This caused the Sensex and Nifty to soar in the second part of February 4 and close about 2 percent higher.
The 20-day average volume of 62 lakh shares was 59% lower than the 4.7 crore shares that were traded in the scrip. The market value of the company is more than Rs 58,000 crore. The company’s shares are not close to their all-time high of Rs 795 a share, which was reached last year, despite the significant increase.
