The cautionary tale of Kalyan Jewellers

A sharp run-up in the stock, a long-time investor’s exit with windfall gains and a dramatic slump—the Thrissur-based company is a lesson in how not to flog an idea.

3 February, 20259 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
The cautionary tale of Kalyan Jewellers

You may also like

Business
Story image

Does IndiaMART’s stock price really mirror its business reality?

The B2B marketplace has done almost everything right, attracting value investors like Pulak Prasad. Yet, the stock continues to languish.

Business
Story image

Motilal Oswal Mutual Fund’s inexplicable Ola Electric love

While its peers headed for the exit, the fund house doubled down on the falling stock. The contrarian call now looks expensive—and risky.

Business
Story image

Anil Agarwal’s Hindustan Zinc hits the sweet spot

The silver rally has helped the primary cash generator of Agarwal’s mining empire return record numbers in Q3. Investors are pleased. But a few questions linger.