Kalyan Jewellers share price hits 10% upper circuit, up for second straight session after strong Q1 business update

Kalyan Jewellers shares hit the 10% upper circuit at around Rs 411.75, extending gains for a second straight session, after the company posted a strong Q1FY27 business update. Consolidated revenue grew approximately 38% YoY, with India business revenue rising over 38% YoY and same-store-sales growth of about 28%, despite the 28-day Adhik Maas period falling within the quarter. International operations posted around 35% YoY growth, while digital platform Candere recorded approximately 112% YoY revenue growth.