Kalyan Jewellers has been witnessing a strong momentum in footfalls and revenue for the past three quarters, starting from the same period during the last financial year (Q3 FY 2020-21). The traction has continued during this festive season, with October registering good sales momentum. On Dhanteras, the company has registered higher footfalls both from existing as well as new customers, resulting in robust revenue growth. While the sales momentum in the plain gold segment continued, it also witnessed a significant increase in the studded jewellery category. This season, the company has introduced new collections in both gold as well as studded jewellery categories. The all-new Sankalp line of designs introduced earlier this quarter, featured region specific traditional plain gold jewellery. The company also launched Vedha, a precious-stone studded heritage jewellery collection, further bolstering its studded product portfolio. The Middle East markets have also been vibrant from the start of this festive season and on Dhanteras. The company is expecting this trend to continue, thanks to various events like the World Cup and Expo-2020 which are being held in the region. Candere has also performed exceptionally well and delivered robust growth, recording a multifold jump in revenue on Dhanteras. The season so far has been upbeat and revenue growth across categories has been on target. Shares of Kalyan Jewellers India Limited was last trading in BSE at Rs. 77.95 as compared to the previous close of Rs. 77.50. The total number of shares traded during the day was 48743 in over 583 trades. The stock hit an intraday high of Rs. 79.05 and intraday low of 77.65. The net turnover during the day was Rs. 3812484.00.

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