Kalyan Jewellers share price crashes 9% after Q1FY27 business update; details here

Kalyan Jewellers share price fell about 9% in intraday trade on the BSE after the company announced its Q1FY27 business update, dropping from a previous close of ₹381.20 to an intraday low of ₹348.35. The company reported consolidated revenue growth of approximately 38% year-on-year for the April-June quarter, with India operations also growing in excess of 38%, but the market reaction was negative despite the strong top-line. Management noted the 28-day Adhik Maas period fell fully within the quarter, which may have weighed on sentiment around same-store-sales growth quality.