Global brokerage Jefferies ne Kalyan Jewellers par 'Buy' rating di hai. Q2 FY27 mein company ne damdaar **26%** ki revenue growth dikhayi hai, jiske baad stock ka focus ab aggressive expansion par hai.
Kalyan Jewellers ki nayi udaan
Global brokerage Jefferies ne Kalyan Jewellers par bull run ki bhavishywani kar di hai! Unhone stock ko 'Buy' rating di hai aur base target price ₹830 rakha hai. Agar sab kuch sahi raha, toh bull-case mein ye ₹1,000 tak bhi ja sakta hai. Iska main reason hai company ka Q2 FY27 mein 26% YoY revenue growth dikhana, jabki India market mein growth 27% rahi.
Kya hai FOCO model ka raaz?
Kalyan ne FOCO (Franchisee Owned, Company Operated) model apnaya hai, jiski wajah se bina zyada capital kharch kiye company tezi se apne showrooms badha rahi hai. Sirf Q2 FY27 mein unhone 22 naye showrooms khole hain, jo unhe unorganised jewellery sector ko capture karne mein madad kar rahe hain.
Debt-free hone ka irada
Company balance sheet ko lekar bahut strict hai. Pichle saal unhone non-gold metal loan debt mein ₹564 Crore ki katauti ki hai. Management ka goal hai ki FY27 ke end tak wo in loans se puri tarah free ho jayein, jo ki profit margins ke liye game-changer ho sakta hai.
Investor dhyaan dein
Sab kuch bullish nahi hai, gold prices ka utaar-chadhaw aur intense competition market mein bani hui hai. Filhal stock ₹553.50 ke aas-pass trade kar raha hai (data as of 8 Oct 2026). Investors ko store expansion ki speed aur debt reduction plan execution par nazar rakhni chahiye.