Gems & Jewellery News

Kalyan Jewellers stocks: Buy Kalyan Jewellers India, target price Rs 150: ICICI Securities

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has buy call on Ltd. with a target price of Rs 150. The current market price of Kalyan Jewellers India is Rs 102.95.




Kalyan Jewellers India Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 10712.55 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 30-09-2022, the company reported a Consolidated Total Income of Rs 3481.41 Crore, up 4.22 % from last quarter Total Income of Rs 3340.52 Crore and up 20.31 % from last year same quarter Total Income of Rs 2893.65 Crore. Company reported net profit after tax of Rs 105.92 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 60.5 per cent stake in the company as of June 30, 2020, while FIIs held 4.3 per cent, DIIs 1.5 per cent and public and others 33.8 per cent.

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