Kalyan Jewellers shares tank 14%, fall for 9th consecutive session. Should investors exit?

Kalyan Jewellers shares plunged 14% to Rs 390, marking a ninth consecutive session of decline, down 25% in that period. This bearish run coincides with gold prices hitting record highs, potentially impacting consumer purchasing decisions. Despite this, the company reported a robust 42% year-on-year revenue jump in Q3 FY2026, driven by strong festive demand and international growth.