Showing posts with label @kalyanjewellers. Show all posts
Showing posts with label @kalyanjewellers. Show all posts

Sunday, June 4, 2023

Kalyan Jewellers - Shining Bright

 


About Company


one of the oldest business families in India with a family legacy of over a century in business, starting from as early as 1908. Started for the noble cause of nation-building and self-sustenance in a pre-independent India, the forefathers believed ethical, honest and transparent business practices should form the foundation of the group.

As on March 31st, 2022, we have over 150 showrooms spread across India and GCC

Indian jewellery, its craftsmanship and variety is an amazing showcase of India’s heritage, culture and diversity. With a deep understanding of local tastes and preferences, Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds, precious stones and other precious metals.

We at Kalyan have always believed that the customer needs to be educated and aware, as this is the first step in preventing malpractices in business. As a part of this philosophy we have conducted several campaigns over the years, to educate customers about purity, pricing and other aspects. These efforts of Kalyan have gone a long way in the industry, that is now becoming more transparent towards the customer’s interests. We believe that this is our legacy to the industry.

Inspired by the trust we have earned across varied markets, we will soon be expanding into new markets across India, GCC, USA, Singapore, Malaysia, Sri Lanka and more.


Year High - 134

Year Low - 55


Returns 

1 week - 6%

1 month - 7%

6 months - Minus 5%

12 months - 68%


Technicals - Moving Averages


20 DMA - 107

50 DMA - 105

100 DMA - 113

200 DMA - 101


Date 04 June 2023


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Monday, March 6, 2023

Kalyan Jewellers - BUY


 #smartinvestor,

@SmartInvestor,

#investing

#bestbuy

#smallcap

#valuebuy

#kalyanjewellers


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The company recorded revenue of Rs 3,884 cr for Q3FY23 as against Rs 3,435 cr previous year, a growth of 13%.

EBITDA was recorded at Rs 327 cr compared to Rs 299 crore PY

PAT was at Rs 148 cr as against 135 cr LY

Over the past 4 quarters, the Company has achieved revenue in excess of Rs 13,500 crore and a PAT of 434 crore.


Returns


One year - up by 74%

6 months - up by 57%

1 month down by 9%


The company has been consistently growing up and is technically bullish. Investors can buy around 105 levels for a TP of 150 in next 1 year.


Company plans to open 52 showrooms during the calendar year 2023 which is a big positive.