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Kalyan Jewellers shares hit 52-week high after Q2 results

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Kalyan Jewellers shares rose 6% to a 52-week high following Q2 FY27 results showing a 64% profit jump to ₹427 crore and 32% revenue growth to ₹10,323 crore. Motilal Oswal maintained a Buy rating with a ₹700 target, citing strong earnings despite a minor gross margin contraction. The stock rallied 41% over nine sessions, driven by festive demand and a one-time customs duty gain.

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