Kalyan Jewellers share price: In June 2023 quarter, the jewellery maker said its consolidated revenue rose 31 per cent on a year-on-year (YoY) basis. Kalyan Jewellers said its India operations grew 34 per cent. It also said gross margin, at the showroom level, improved YoY and was broadly in line with the prior quarter.
Kalyan Jewellers' stock opened higher at Rs 109.30 against the previous close of Rs 108.65 on BSE. Later, the stock touched an intraday low of Rs 104, losing 4.28% against the previous close on BSE.
Kalyan Jewellers share price: A total of Rs 13.06 lakh shares changed hands today, amounting to a turnover of Rs 16.36 crore. The company's market capitalisation (m-cap) stood at Rs 12,937.47 crore.
Kalyan Jewellers share ended over 13 per cent higher today after the firm clocked revenue growth of 60 per cent for its India operations during the quarter ended September. Kalyan Jewellers stock has gained after three days of consecutive fall. The share opened with a gain of 6.62 per cent at Rs 75.65 against the previous close of Rs 70.75 on BSE.
Updated Mar 16, 2021 | 10:03 IST
Kalyan Jewellers IPO: Although Kalyan Jeweller is the second-largest jeweller in India after Titan Company, its financial performance is nowhere close to Titan. Representational image
New Delhi: Kalyan Jewellers India, the country s second-largest jeweller after Titan, wants to raise Rs 1,175 crore through an initial public offer (IPO) of shares. The IPO opens today (March 16) and will close on March 18 (Thursday). The company has priced its shares in a band of Rs 86-87.
Out of the IPO proceeds of Rs 1,175 crore, Rs 250 crore would go to Highdell, Warburg Pincus company, which was an early investor in the company. Now it wants to partially exit its investment. promoters of the company will get Rs 125 crore by diluting their stake, and the remaining Rs 800 crore (fresh issue) will go to the company to meet working capital requirements and for other corporate purposes. Following the IPO, promoter holding in the company