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• 40% return in 4 days!
• Money increased 4 times in 3 years
• Brokerage trust on ‘this’ multibagger share

Amid ups and downs in the stock market, a multibagger stock has given investors stunning returns. The stock, which has multiplied investors’ money by a whopping 4 times in the last 3 years, has jumped 40% in just 4 days. Seeing the continuous rise in this share, the leading brokerage firms of the country are extremely ‘bullish’ on this stock and have indicated that it will increase further.

Shares of Kalyan Jewelers witnessed strong gains for the fourth consecutive trading session today. The stock has gained 40% in four days. Today, it is trading at ₹508, up nearly 7%. In the previous trading session, the stock had gained 8%. Brokerage firms Citigroup and Motilal Oswal are bullish on Kalyan Jewellers, which has returned nearly 200% in three years, and have advised investors to invest in the stock. How much return so far?

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38% YoY growth in the first quarter

Kalyan Jewellers’ consolidated revenue grew by 38% YoY in the first quarter of FY 2026-27. Same-store sales growth in India was 28%. The company also performed well in the financial year 2025-26. During the period, the company’s net profit grew by 86.6% year-on-year to ₹1,285 crore. The net revenue was ₹31,262 crore. The company has also declared a dividend of Rs 2.50 per share to investors.

Kalyan Jewelers Share Return

Shares of Kalyan Jewelers have registered a gain of 48% in one month. In three months, the stock has returned as much as 16% and its price is up 6% till 2026. Over the past year, this jewelery stock has caused investors to lose approximately 12%. Over the last three years, Kalyan Jewellers’ stock has delivered multi-bagger returns, increasing its price by 196% during this period.

Target Price of Kalyan Jewelers Share

Brokerage Citigroup has maintained its ‘Buy’ rating on shares of Kalyan Jewelers with a target price of ₹750. Brokerage firm Motilal Oswal has also maintained its ‘buy’ rating on the stock with a target price of ₹525. Kalyan Jewellers’ ‘Kandere’ revenue grew 112% year-on-year in the first quarter of FY2026-27, the brokerage said. During this period, the company opened five new ‘Kandere’ showrooms. This growth was driven by strong execution momentum and good ‘Same-Store Sales Growth’ (SSSG) across all key markets.

(Disclaimer: The shares mentioned here are based on the advice of brokerage firms. If you want to invest in any of these shares, consult a certified investment advisor first. Navarashtra.com will not be responsible for any profit or loss.)

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