Kalyan Jewellers Tumbles Over 15% from DayHigh Despite Strong Q1 Numbers
It was a roller coaster ride for
KALYANKJIL
on August 8, 2025, as the stock fell over 10.50% on the NSE, despite reporting a robust 49% YoY jump in Q1FY26 net profit and a 31% rise in revenue. The stock hit an intraday low of ₹518.15, slipping more than 15.5% from the day’s high, amid ongoing volatility in gold prices that weighed on sentiment. It also marked the lowest closing since June 25, 2025. Market participants cited profit booking and macro headwinds as contributing factors to the decline. On the downside, ₹493 may act as a key support level, with the price action drawing attention from technical analysts. Volatility is likely to keep the stock in focus in the near term.
Disclaimer: This document is prepared by SEBI RRA (Reg. No. INH000016649), solely for informational purposes. It does not constitute investment advice, trading recommendations, or an offer to buy/sell any securities. Information is based on sources deemed reliable but is not guaranteed for accuracy or completeness. No warranty, express or implied, is provided. Portions of this content may have been reviewed or refined using AI tools to enhance grammatical accuracy and sentence structure. Past performance is not indicative of future results. Investments are subject to market risks. Investors should consult a qualified financial advisor before making decisions. SEBI registration and NISM certification do not assure performance or returns. Any securities mentioned, if any, are purely illustrative and not recommendations.