Gems & Jewellery News

Kalyan Jewellers stocks: Buy Kalyan Jewellers India, target price Rs 100: ICICI Securities


has buy call on with a target price of Rs 100. The current market price of Kalyan Jewellers India is Rs 95.05. Time period given by analyst is one year when Kalyan Jewellers India Ltd. price can reach defined target.

Kalyan Jewellers India Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 9806.11 Crore) operating in Gems and Jewellery sector.

Kalyan Jewellers India Ltd. key Products/Revenue Segments include Diamonds/Gems/Jewellery and Other Operating Revenue for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3340.52 Crore, up 16.45 % from last quarter Total Income of Rs 2868.52 Crore and up 103.50 % from last year same quarter Total Income of Rs 1641.50 Crore. Company reported net profit after tax of Rs 107.77 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 60.54 per cent stake in the company as of 30-Jun-2022, while FIIs owned 2.77 per cent, DIIs 1.96 per cent.

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