Khazanchi Jewellers Hits New 52-Week High of Rs.750, Marking Strong Market Momentum

Stock Performance and Market Context

On 8 December 2025, Khazanchi Jewellers recorded its highest price in the past year, reaching Rs.750. This new peak comes after a series of gains, with the stock rising for four consecutive days, delivering a cumulative return of 1.38% during this period. The stock outperformed its sector by 0.53% on the day it hit this milestone, signalling relative strength within the Gems, Jewellery And Watches industry.

Khazanchi Jewellers is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning often indicates positive momentum and investor confidence in the stock’s near-term trend.

In contrast, the broader market index, Sensex, opened flat and moved into negative territory, trading at 85,432.77 points, down 0.33% from the previous close. Despite this, Sensex remains close to its own 52-week high of 86,159.02, just 0.85% away, and is positioned above its 50-day and 200-day moving averages, reflecting a generally bullish market backdrop.

Long-Term Performance and Financial Metrics

Over the past year, Khazanchi Jewellers has delivered a total return of 13.64%, significantly outpacing the Sensex’s 4.57% return over the same period. This performance highlights the company’s ability to generate value beyond the broader market trends.

The stock’s 52-week low was recorded at Rs.525.30, indicating a substantial price range and upward trajectory over the last twelve months. This price movement aligns with the company’s financial results, which have shown notable growth in key areas.

Khazanchi Jewellers has demonstrated a strong capacity to service its debt, with a Debt to EBITDA ratio of 1.14 times, suggesting manageable leverage levels relative to earnings. The company’s net sales have expanded at an annual rate of 90.30%, while operating profit has grown at an annualised rate of 105.40%. These figures reflect a healthy expansion in both revenue and operational efficiency.

Recent Quarterly Results and Profitability

The company’s net profit has shown a growth rate of 55.45%, with positive results declared for two consecutive quarters. The Profit Before Tax excluding other income for the latest quarter stood at Rs.31.20 crores, representing an 83.8% increase compared to the average of the previous four quarters. Similarly, Profit After Tax for the quarter was Rs.23.55 crores, reflecting an 85.3% rise over the same comparative period.

Operating profit before depreciation and interest (PBDIT) reached a quarterly high of Rs.32.31 crores, underscoring the company’s operational strength. These figures contribute to the stock’s upward price movement and reinforce the company’s financial health.

Valuation and Market Position

Khazanchi Jewellers exhibits a Return on Capital Employed (ROCE) of 20%, indicating efficient use of capital in generating earnings. The enterprise value to capital employed ratio stands at 5.9, suggesting a relatively elevated valuation compared to capital base. Despite this, the company’s profit growth of 64% over the past year contrasts with the stock’s 13.64% return, resulting in a price-to-earnings-to-growth (PEG) ratio of 0.6.

Notably, domestic mutual funds hold no stake in Khazanchi Jewellers, which may reflect a cautious stance or valuation considerations despite the company’s size and performance. This absence of mutual fund ownership is an interesting aspect of the stock’s market profile.

Sector and Industry Overview

Khazanchi Jewellers operates within the Gems, Jewellery And Watches sector, which has experienced varied performance in recent months. The stock’s ability to outperform its sector peers by 0.53% on the day it reached its 52-week high highlights its relative strength. This outperformance is supported by the company’s consistent financial growth and positive quarterly results.

The broader market environment, with Sensex trading near its own 52-week high and positioned above key moving averages, provides a supportive backdrop for stocks demonstrating strong fundamentals and price momentum.

Summary of Key Metrics

To summarise, Khazanchi Jewellers’ key financial and market metrics include:

• New 52-week high price of Rs.750


• Four consecutive days of gains with a 1.38% return in that period


• Trading above all major moving averages (5, 20, 50, 100, 200 days)


• One-year return of 13.64%, outperforming Sensex’s 4.57%


• Debt to EBITDA ratio of 1.14 times


• Annual net sales growth of 90.30% and operating profit growth of 105.40%


• Quarterly PBT excluding other income at Rs.31.20 crores, up 83.8%


• Quarterly PAT at Rs.23.55 crores, up 85.3%


• ROCE of 20% and enterprise value to capital employed ratio of 5.9

These figures collectively illustrate the company’s strong financial footing and the factors contributing to its recent price milestone.

Conclusion

Khazanchi Jewellers’ attainment of a new 52-week high at Rs.750 reflects a period of sustained price strength supported by solid financial performance and positive quarterly results. The stock’s position above all key moving averages and its outperformance relative to sector peers and the broader market index highlight its momentum within the Gems, Jewellery And Watches sector. While valuation metrics suggest a premium, the company’s growth rates and profitability underpin the price movement observed in recent trading sessions.

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