Kalyan Jewellers India shares climbed nearly 10% in Monday trading on the Bombay Stock Exchange, reaching an intraday high of ₹521.85.
The move extends a rapid recovery for the stock, which has gained approximately 47% over the past four trading sessions.
90, driven by a reported 41% year-on-year increase in consumer business growth for the first quarter of fiscal 2027.
The sharp uptick follows a period of significant weakness, with the shares having hit a 52-week low of ₹327.15 on June 11.
Despite the recent surge, the stock remains more than 15% below its 52-week high of ₹617, suggesting the rally is still a recovery from depressed levels rather than a breakout to new highs.
The momentum in Kalyan Jewellers mirrors broader strength in the Indian jewelry sector.
Rival Titan Company recently saw its shares surge nearly 4% to a record high of ₹4,655.90, driven by a reported 41% year-on-year increase in consumer business growth for the first quarter of fiscal 2027.