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Kalyan Jewellers shares fall 2% after 16% rally

Negative-24

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Kalyan Jewellers shares declined nearly 2% in early trade, snapping a two-session rally driven by strong Q2 FY27 earnings. Net profit surged 63.6% to Rs 427 crore, while revenue from operations climbed 31.4% to cross Rs 10,000 crore. Despite the dip, the stock remains up 44.3% in 2026, outperforming the Nifty 50.

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