The share price of Kalyan Jewellers India Limited is up 12.75% to ₹495.85 per share on Friday, an increase from its previous close of ₹440.65 per share. The market capitalisation now stands at approximately ₹49,679 crore. Stock surged after posting a 69% QoQ profit increase in FY25. Management dismissed concerns about tax raids and inventory issues, reaffirming strong market confidence.