Risk factor
Good trading liquidity
Profitability factor
Strong growth
About
Kalyan Jewellers India Limited is a prominent retailer involved in the creation, production, and sale of a diverse array of jewelry items. Their extensive product line encompasses a wide range of jewelry crafted from precious materials such as gold, diamonds, pearls, white gold, gemstones, and platinum. These pieces are available in various forms, including chains, rings, necklaces, earrings, bracelets, and bangles, catering to both everyday adornment and significant occasions like weddings. The company markets its products under numerous proprietary brands including MUDHRA, NIMAH, ANOKHI, RANG, TEJASVI, ZIAH, LAYA, GLO, CANDERE, VEDHA, APOORVA, HERA, and MUHURAT. As of August 10, 2021, the company maintained a substantial retail presence, operating 116 showrooms across India and an additional 30 in the Middle East. Complementing these are 786 My Kalyan Grassroots stores. For digital shoppers, Kalyan Jewellers also offers its collection via its e-commerce platform, candere.com. Established in 1993, Kalyan Jewellers India Limited has its headquarters situated in Thrissur, India.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of KALYANKJIL.NS is 621 and suggests 66.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation