KALYANKJIL.NS vs. HINDPETRO.NS

Last updated Jun 5, 2026

KALYANKJIL.NS (Kalyan Jewellers India Limited) and HINDPETRO.NS (Hindustan Petroleum Corporation Limited) are both stocks. KALYANKJIL.NS operates in Luxury Goods (Consumer Cyclical), while HINDPETRO.NS operates in Oil & Gas Refining & Marketing (Energy). Over the past 5 years, KALYANKJIL.NS returned 35.19%/yr vs 21.48%/yr for HINDPETRO.NS. At a 0.25 correlation, their price movements are largely independent.

Performance

KALYANKJIL.NS vs. HINDPETRO.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Kalyan Jewellers India Limited (KALYANKJIL.NS) and Hindustan Petroleum Corporation Limited (HINDPETRO.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KALYANKJIL.NS achieves a -25.39% return, which is significantly lower than HINDPETRO.NS's -22.45% return.

KALYANKJIL.NS

• 1D: 2.58%
• 1M: -10.94%
• YTD: -25.39%
• 6M: -26.12%
• 1Y: -34.77%
• 3Y*: 48.62%
• 5Y*: 35.19%
• 10Y*: —

HINDPETRO.NS

• 1D: 0.76%
• 1M: 3.50%
• YTD: -22.45%
• 6M: -13.61%
• 1Y: -1.31%
• 3Y*: 36.10%
• 5Y*: 21.48%
• 10Y*: 19.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KALYANKJIL.NS vs. HINDPETRO.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KALYANKJIL.NS Kalyan Jewellers India Limited	-25.39%	-36.47%	116.88%	180.63%	84.88%	-8.98%
HINDPETRO.NS Hindustan Petroleum Corporation Limited	-22.45%	26.60%	65.11%	69.63%	-12.60%	43.17%

Correlation

The correlation between KALYANKJIL.NS and HINDPETRO.NS is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Mar 30, 2021	0.25

The correlation between KALYANKJIL.NS and HINDPETRO.NS shifts across timeframes, from 0.22 (3 years) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KALYANKJIL.NS vs. HINDPETRO.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KALYANKJIL.NS

KALYANKJIL.NS Risk / Return Rank: 9
KALYANKJIL.NS Sharpe Ratio Rank: 7
KALYANKJIL.NS Sortino Ratio Rank: 8
KALYANKJIL.NS Omega Ratio Rank: 8
KALYANKJIL.NS Calmar Ratio Rank: 11
KALYANKJIL.NS Martin Ratio Rank: 9

HINDPETRO.NS

HINDPETRO.NS Risk / Return Rank: 38
HINDPETRO.NS Sharpe Ratio Rank: 40
HINDPETRO.NS Sortino Ratio Rank: 35
HINDPETRO.NS Omega Ratio Rank: 35
HINDPETRO.NS Calmar Ratio Rank: 40
HINDPETRO.NS Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KALYANKJIL.NS vs. HINDPETRO.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kalyan Jewellers India Limited (KALYANKJIL.NS) and Hindustan Petroleum Corporation Limited (HINDPETRO.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KALYANKJIL.NS	HINDPETRO.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	-0.04	-0.86
Sortino ratio: Return per unit of downside risk	-1.25	0.20	-1.44
Omega ratio: Gain probability vs. loss probability	0.84	1.02	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.79	-0.04	-0.76
Martin ratio: Return relative to average drawdown	-1.37	-0.09	-1.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KALYANKJIL.NS vs. HINDPETRO.NS - Sharpe Ratio Comparison

The current KALYANKJIL.NS Sharpe Ratio is -0.90, which is lower than the HINDPETRO.NS Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of KALYANKJIL.NS and HINDPETRO.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KALYANKJIL.NS	HINDPETRO.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	-0.04	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.61	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.64	+0.18

Drawdowns

KALYANKJIL.NS vs. HINDPETRO.NS - Drawdown Comparison

The maximum KALYANKJIL.NS drawdown since its inception was -56.27%, smaller than the maximum HINDPETRO.NS drawdown of -73.97%. Use the drawdown chart below to compare losses from any high point for KALYANKJIL.NS and HINDPETRO.NS.

Drawdown Indicators

	KALYANKJIL.NS	HINDPETRO.NS	Difference
Max Drawdown Largest peak-to-trough decline	-56.27%	-73.97%	+17.70%
Max Drawdown (1Y) Largest decline over 1 year	-43.79%	-36.05%	-7.74%
Max Drawdown (3Y) Largest decline over 3 years	-56.27%	-36.05%	-20.22%
Max Drawdown (5Y) Largest decline over 5 years	-56.27%	-40.40%	-15.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.71%	—
Current Drawdown Current decline from peak	-53.91%	-22.45%	-31.46%
Average Drawdown Average peak-to-trough decline	-19.06%	-21.89%	+2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.39%	14.55%	+10.84%

Volatility

KALYANKJIL.NS vs. HINDPETRO.NS - Volatility Comparison

Kalyan Jewellers India Limited (KALYANKJIL.NS) has a higher volatility of 13.93% compared to Hindustan Petroleum Corporation Limited (HINDPETRO.NS) at 11.03%. This indicates that KALYANKJIL.NS's price experiences larger fluctuations and is considered to be riskier than HINDPETRO.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KALYANKJIL.NS	HINDPETRO.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.93%	11.03%	+2.90%
Volatility (6M) Calculated over the trailing 6-month period	32.27%	28.72%	+3.55%
Volatility (1Y) Calculated over the trailing 1-year period	38.60%	33.89%	+4.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.76%	35.62%	+8.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.21%	39.01%	+5.20%

Dividends

KALYANKJIL.NS vs. HINDPETRO.NS - Dividend Comparison

KALYANKJIL.NS's dividend yield for the trailing twelve months is around 0.41%, less than HINDPETRO.NS's 4.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HINDPETRO.NS Hindustan Petroleum Corporation Limited	4.01%	3.11%	6.36%	0.00%	8.93%	11.67%	6.71%	9.02%	10.07%	10.95%	17.59%	19.78%
KALYANKJIL.NS Kalyan Jewellers India Limited	0.41%	0.31%	0.16%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both KALYANKJIL.NS and HINDPETRO.NS in my portfolio?

KALYANKJIL.NS and HINDPETRO.NS have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.