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Kalyan Jewellers shares rally after strong Q2 results

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Kalyan Jewellers reported consolidated revenue growth of 31% YoY to Rs 10,320 crore in Q2 FY27, driven by 20% same-store sales growth. Management reaffirmed its FY27 aspiration of minimum 25% revenue growth. Motilal Oswal reiterated its Buy rating with a target price of Rs 800.

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