Kalyan Jewellers Shares Slip 8% Despite Strong Q1 Growth Update

Shares of Kalyan Jewellers India fell nearly 8 percent in early trading on Tuesday despite the company reporting a strong business update for the April-June quarter. The decline reflected investor disappointment over growth numbers that appeared modest compared with larger rival Titan and came amid elevated expectations from the jewellery sector. The stock dropped as much as 7.8 percent to ₹351.55 during morning trade, extending its decline in 2026 to more than 27 percent. The fall came even as Kalyan Jewel