Kalyan Jewellers Reports Strong Q1 Growth; ICICI Securities Hikes Target Price

Kalyan Jewellers reported strong growth for Q1 FY27, with revenue, EBITDA, and PAT increasing by 46%, 25%, and 32% year-on-year. Following these robust financial results, ICICI Securities has raised the target price for the company's stock. This positive outlook highlights the jeweler's expanding market presence and operational efficiency.