Kalyan Jewellers India Ltd is one of India’s leading organized jewellery retail chains, offering gold, diamond, and precious stone jewellery across domestic and international markets. With a strong brand presence, expanding showroom network, and increasing penetration into Tier II and Tier III cities, the company has positioned itself as a major player in India’s growing organized jewellery market.
In this article, we analyze the Kalyan Jewellers India Ltd Share Price Target from 2026 to 2030 based on current market data, financial indicators, sector outlook, and long-term growth potential.
| Detail | Value |
|---|---|
| Open | ₹406.00 |
| Previous Close | ₹404.75 |
| Day’s High | ₹407.20 |
| Day’s Low | ₹400.00 |
| VWAP | ₹403.21 |
| 52-Week High | ₹617.70 |
| 52-Week Low | ₹347.50 |
| All-Time High | ₹795.40 |
| All-Time Low | ₹55.05 |
| Market Capitalization | ₹41,874 Cr |
| Volume | 31,95,013 |
| Value (Lacs) | 12,955.78 |
| 20D Avg Volume | 62,43,372 |
| 20D Avg Delivery (%) | 35.28% |
| Face Value | ₹10 |
| Book Value Per Share | ₹51.09 |
| Dividend Yield | 0.37% |
| Beta | 1.30 |
| UC Limit | ₹445.20 |
| LC Limit | ₹364.30 |
The stock is currently trading below its 52-week high and significantly below its all-time high, indicating correction from peak levels while maintaining strong investor participation.
Kalyan Jewellers operates through:
Gold jewellery retail
Diamond and studded jewellery
Wedding and festive collections
International operations in Middle East
The company benefits from strong brand recall, celebrity endorsements, and trust-based customer relationships — critical in the jewellery industry.
Continuous addition of new showrooms across India strengthens revenue growth.
Consumers are shifting from unorganized jewellers to branded chains, benefiting companies like Kalyan.
Promoters hold 62.76%, reflecting strong ownership confidence.
Expansion beyond metro cities provides long-term scalability.
India remains one of the world’s largest gold consumers, supporting sustained demand.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 62.76% |
| Mutual Funds | 14.54% |
| Foreign Institutions | 14.12% |
| Retail & Others | 7.91% |
| Other Domestic Institutions | 0.68% |
Strong promoter control along with institutional participation indicates confidence in long-term growth prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 480 | 550 |
| 2027 | 600 | 700 |
| 2028 | 750 | 900 |
| 2029 | 950 | 1,150 |
| 2030 | 1,250 | 1,500 |
These projections consider store expansion, revenue growth, margin improvement, and organized sector expansion.
By 2026, consistent showroom expansion and festive demand may support revenue growth.
Growth Drivers:
Wedding season sales growth
Increased organized market share
Stable gold demand
Investment View: Suitable for medium-term growth investors.
2027 may reflect improved profitability and better operating leverage.
Growth Drivers:
Higher same-store sales growth
Strong brand positioning
Expansion in international markets
Investment View: Attractive for investors seeking consumer discretionary exposure.
By 2028, scale benefits and stronger margins could accelerate earnings.
Growth Drivers:
Premium jewellery segment growth
Digital and omni-channel expansion
Improved working capital efficiency
Investment View: Strong compounding potential for long-term holders.
With organized sector dominance increasing, valuation multiples may expand.
Growth Drivers:
Strong brand loyalty
Rural and semi-urban market penetration
Stable demand across economic cycles
Investment View: Suitable for long-term wealth creation.
By 2030, Kalyan Jewellers could emerge as one of India’s dominant organized jewellery retailers.
Growth Drivers:
Nationwide network expansion
Strong balance sheet improvement
Higher consumer spending power
Investment View: Ideal for investors aligned with India’s rising consumption theme.
Gold price volatility
Changes in import duties or government regulations
High working capital requirements
Economic slowdown affecting discretionary spending
Higher volatility (Beta 1.30)
Kalyan Jewellers offers exposure to India’s strong wedding, festive, and discretionary spending culture. With strong promoter backing (62.76%) and expanding retail footprint, the company has long-term growth visibility.
Reasons to Consider:
Organized market expansion
Strong brand equity
Growing revenue base
Institutional participation
Investors should monitor gold price trends, store expansion strategy, and quarterly earnings performance before making investment decisions.
Kalyan Jewellers India Ltd remains a strong player in India’s organized jewellery retail segment. While the stock has corrected from its highs, long-term growth drivers such as rising disposable income, urbanization, and organized retail shift remain intact.
Based on current projections, the share price could reach ₹1,250 to ₹1,500 by 2030, supported by expansion, brand strength, and consumer demand growth.
For investors seeking long-term exposure to India’s consumption and retail growth story, Kalyan Jewellers India Ltd presents a compelling opportunity — provided volatility and gold price risks are carefully managed.
1. What is the current share price of Kalyan Jewellers India Ltd?
It is currently trading around ₹400–₹410 as per recent market data.
2. What is the 2026 share price target?
The projected range for 2026 is ₹480 to ₹550.
3. Is Kalyan Jewellers a good long-term investment?
It may be suitable for investors seeking exposure to India’s organized jewellery retail growth.
4. What is the 2030 share price target?
The projected range for 2030 is ₹1,250 to ₹1,500.
5. What influences the share price the most?
Gold prices, consumer demand, store expansion, government policies, and overall market sentiment.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a certified financial advisor before making investment decisions.
