As of January 15, 2025, Kalyan Jewellers India Ltd. (NSE: KALYANKJIL) is trading at ₹555.10 per share, reflecting a 7.22% decrease over the past 24 hours.
Key Highlights:
- Recent Performance:
- 1-Month Decline: The stock has declined by approximately 23.29% over the past month.
- 3-Month Decline: A decrease of about 20.44% over the past three months.
- 6-Month Growth: An increase of 13.43% over the past six months.
- 52-Week Range:
- The stock has fluctuated between a low of ₹321.95 and a high of ₹795.40 over the past year.
- Market Capitalization:
- Approximately ₹61,514.81 crore, classifying it as a large-cap company in the Gems and Jewellery sector.
- Valuation Metrics:
- Price-to-Earnings (P/E) Ratio: 94.34, indicating a higher valuation compared to industry peers.
- Price-to-Book (P/B) Ratio: 13.1, suggesting the stock is trading at a premium relative to its book value.
- Financial Performance (Q2 FY2024-25):
- Total Income: ₹6,091.48 crore, a 9.61% increase from the previous quarter and a 37.58% rise year-over-year.
- Net Profit After Tax: ₹130.33 crore for the latest quarter.
- Shareholding Pattern (as of December 31, 2024):
- Promoters: 62.85% stake, with 19.32% pledged.
- Foreign Institutional Investors (FIIs): 16.37%, up from 15.74% in September 2024.
- Domestic Institutional Investors (DIIs): 13.51%, a slight decrease from 13.74% in September 2024.
- Analyst Projections:
- The average 1-year price target is ₹762.32, with estimates ranging from ₹630.24 to ₹850.50.
Conclusion:
Kalyan Jewellers has demonstrated robust financial growth, with significant increases in income and net profit. However, recent stock performance indicates short-term volatility. Investors should consider the company’s strong market position in the Gems and Jewellery sector, while also being mindful of valuation metrics and market dynamics.
