StocksMedium•11 November 2026•
1 min read
Kalyan Jewellers Shares Surge 10% on 64% Profit Growth in Q2 Results
Key Facts
1Kalyan Jewellers shares climbed 10% after consolidated revenue grew 31% year-on-year to Rs 10,323 crore.
2The company's profit rose 64% to Rs 427 crore, exceeding market estimates.
3MOFSL retained its 'Buy' rating on the stock following a 20% growth in same-store sales.
Kalyan Jewellers shares climbed 10% during Wednesday's trading session on November 11, 2026, following the release of strong second-quarter results that beat market estimates. Business Today reported that the company's profit surged 64% to Rs 427 crore, while consolidated revenue grew 31% year-on-year to reach Rs 10,323 crore.
MOFSL retained its 'Buy' rating on the stock following a 20% growth in same-store sales, noting that adjusted EBITDA reached approximately Rs 600 crore. Kalyan Jewellers was trading higher on November 11, 2026, supported by robust performance across its retail operations in India, the Middle East, the US, and the UK.