Stock Performance and Market Context
On 24 Nov 2025, Khazanchi Jewellers recorded its highest price in the past year at Rs.739.75, surpassing its previous levels and setting an all-time peak. The stock traded within a narrow range of Rs.3.8 on the day, indicating a steady but firm demand. This price level places the stock well above its 52-week low of Rs.525.30, marking a notable appreciation over the period.
Khazanchi Jewellers is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a sustained upward trend and positive price momentum. The stock’s day change was recorded at 0.11%, aligning with the sector’s overall performance on the day.
The broader market environment also supports this positive trend. The Sensex opened 88.12 points higher and was trading at 85,328.27, just 0.55% shy of its own 52-week high of 85,801.70. The Sensex has been on a three-week consecutive rise, gaining 2.54% over this period, with mega-cap stocks leading the charge. The index’s position above its 50-day moving average, which itself is above the 200-day moving average, indicates a bullish market backdrop.
Strong fundamentals, solid momentum, fair price – This Large Cap from the NBFC sector checks every box for our Top 1%. This should definitely be on your radar!
- - Complete fundamentals package
- - Technical momentum confirmed
- - Reasonable valuation entry
Financial Metrics Underpinning the Rally
Khazanchi Jewellers’ one-year performance shows a price appreciation of 19.63%, significantly outpacing the Sensex’s 7.88% return over the same period. This outperformance is supported by the company’s financial results, which reveal strong growth across key metrics.
Net sales have expanded at an annual rate of 90.30%, while operating profit has grown at 105.40%. The company’s net profit has risen by 55.45%, with the latest quarterly results highlighting record figures: PBDIT at Rs.32.31 crores, PBT less other income at Rs.31.20 crores, and PAT at Rs.23.55 crores. These figures reflect a healthy operational performance and effective cost management.
Additionally, Khazanchi Jewellers maintains a low Debt to EBITDA ratio of 1.14 times, indicating a strong capacity to service its debt obligations. The return on capital employed (ROCE) stands at 20%, demonstrating efficient utilisation of capital resources.
Valuation and Market Position
The company’s enterprise value to capital employed ratio is 5.8, suggesting a premium valuation relative to its capital base. Despite this, the price-to-earnings-to-growth (PEG) ratio of 0.6 indicates that earnings growth is being factored into the current valuation.
It is noteworthy that domestic mutual funds hold a negligible stake in Khazanchi Jewellers, which may reflect a cautious stance given the company’s valuation or business profile. However, the stock’s market capitalisation grade remains moderate, and its sector positioning within Gems, Jewellery And Watches continues to attract attention due to the sector’s cyclical dynamics and consumer demand patterns.
Get the full story on Khazanchi Jewellers ! Our detailed research dives into fundamentals, sector comparison, technical analysis, and valuations for this Gems, Jewellery And Watches small-cap. Make informed decisions!
- - Full research story
- - Sector comparison done
- - Informed decision support
Sector and Market Dynamics
The Gems, Jewellery And Watches sector has shown resilience amid fluctuating market conditions, with Khazanchi Jewellers emerging as a notable performer. The company’s ability to sustain growth in net sales and profitability over recent quarters has contributed to its stock price momentum.
Market participants have observed that the stock’s trading above all major moving averages signals a positive technical outlook. The narrow trading range on the day of the new high suggests consolidation and a balanced demand-supply scenario, which often precedes further price stability or continuation of trends.
Khazanchi Jewellers’ market capitalisation grade of 3 places it in a mid-tier category, reflecting its size and market presence within the sector. The company’s financial health, combined with sector tailwinds, has supported its journey to the current 52-week peak.
Summary of Key Price and Performance Data
The stock’s new 52-week high of Rs.739.75 represents a significant milestone, with the price comfortably above the 5-day to 200-day moving averages. The 52-week low of Rs.525.30 provides a reference point for the stock’s upward trajectory over the past year.
Khazanchi Jewellers’ one-year return of 19.63% compares favourably with the broader market indices, including the Sensex and BSE500, which have recorded returns of 7.88% and 6.64% respectively. This relative strength highlights the company’s capacity to generate shareholder value in a competitive environment.
Conclusion
Khazanchi Jewellers’ attainment of a new 52-week high at Rs.739.75 is a testament to its sustained financial performance and positive market momentum. Supported by strong sales growth, profitability, and prudent debt management, the stock’s technical indicators align with its fundamental strengths. The broader market’s bullish stance further complements the company’s upward price movement, marking this milestone as a noteworthy event in the Gems, Jewellery And Watches sector.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
