19 Sep 2026
Kalyan Jewellers put Rs 350 crore into online arm Candere through a rights issue to clear the subsidiary's debt.
Candere's revenue tripled to Rs 425.37 crore in FY26 but it still lost Rs 12.78 crore. The parent is funding that growth with equity rather than letting the unit carry interest.
Finvezto Membership

Get the research behind the notes

Stock notes are the free daily layer. The membership carries the full Flexi-Wealth system: an ETF core portfolio with monthly rebalancing signals, fifteen quality-momentum stocks with exact weightages every month, options income and hedging recommendations, and the institutional data toolkit. One flat membership covers everything.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.