Gems & Jewellery Sector

Lalithaa Jewellery Mart IPO GMP stands at ₹40 as of August 19, 2026. With an IPO price of ₹201, the estimated listing price is ₹241, indicating a potential 19.90% premium. Check GMP trend and subscription status.

Indian stock markets traded lower on August 18, 2026, as rising crude oil prices, US-Iran tensions, higher global bond yields and rupee weakness triggered a risk-off mood. Nifty 50 fell to 24,177.20 by 11:30 AM, while investors tracked NSE IPO developments, Lalithaa Jewellery Mart IPO subscription, ICICI Bank and key corporate updates.

Shankesh Jewellers IPO is a ₹367.18 crore book-built issue priced at ₹88–₹93 per share. Check Shankesh Jewellers IPO GMP, subscription, financial performance, valuation, key dates and important investor details.

Lalithaa Jewellery Mart IPO worth ₹1,700 crore opens on August 17 and closes on August 19, 2026. Check IPO price band, GMP, subscription status, allotment date, listing date, financials, valuation and key investor considerations.

Kalyan Jewellers shares climbed to a new 52-week high after the company delivered a robust Q1 FY27 business update. Strong revenue growth, aggressive showroom expansion, rapid growth in Candere, improved working capital through higher recycled gold usage, and bullish brokerage commentary have strengthened investor confidence. The stock has significantly outperformed the NIFTY 200 across multiple timeframes.

Kalyan Jewellers shares have rallied more than 40% in five trading sessions following a robust Q1 FY27 business update. Backed by 38% revenue growth, strong same-store sales, rapid showroom expansion, and Citi's ₹750 target price, the company enters FY27 with strong momentum.

Indian markets ended sharply higher on July 10, 2026, with Sensex rising 827 points and Nifty gaining 244 points. Strong TCS Q1 FY27 results, a rally in IT stocks, lower crude oil prices, easing volatility, and positive global cues supported investor sentiment. Realty, PSU banks, and financial stocks also witnessed strong buying during the session.

Kalyan Jewellers witnessed a remarkable three-day rally, gaining nearly 34% and adding around ₹11,500 crore to its market capitalization. The surge came after Citigroup reiterated its Buy rating and maintained a ₹750 target price, highlighting the company's long-term growth potential despite softer-than-expected quarterly revenue.

Kalyan Jewellers reported a strong Q1 FY27 with 38% revenue growth, robust same-store sales, and triple-digit growth at Candere. Citi upgraded the stock to Buy with a ₹750 target, driving a sharp rally in the company's shares.

Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.