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βs stock recently touched a fresh all-time high near βΉ4,300 on January 7, 2026, marking its fifth consecutive weekly close at record levels. The move was backed by a robust Q3 FY26 update, with consumer businesses reporting 40% YoY growth. Jewellery led the rally with 41% YoY growth, supported by higher average selling prices and strong like-for-like sales across Tanishq and CaratLane. Watches grew 13%, eyewear 16%, fragrances 22%, and international business surged 81% YoY. However, the last two trading sessions closed in the negative, signaling short-term profit booking. The key question nowβcan strong fundamentals outweigh near-term consolidation and keep the momentum alive?
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