ResultsCNBC-TV18
Kalyan Jewellers reports strong Q2 results; UBS targets ₹900
Positive+56Company event
GreyOak summary
Kalyan Jewellers reported a 31.4% revenue increase to over ₹10,000 crore and a 63.6% net profit rise to ₹427 crore in the September quarter. Management noted strong festive demand during Navratri and Dhanteras. Brokerage firm UBS maintained a 'Buy' rating with a price target of ₹900.
What it affects
- Kalyan Jewellers IndiaKALYANKJILPositive +56
Revenue up 31.4%, profit up 63.6% in Q2Rolling sentiment Positive +76
Source
Read the original at CNBC-TV18More Kalyan Jewellers India news
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