Stock viewEconomic Times
Kalyan Jewellers shares jump 15% as targets rise to Rs 900
Positive+14
GreyOak summary
Kalyan Jewellers shares surged 15% after brokerages raised price targets following a 64% jump in Q2 net profit to Rs 427 crore. Revenue grew 31% year-on-year driven by volume-led sales despite festive shifts. Analysts cite strong same-store sales and an asset-light expansion model as key growth drivers for fiscal 2027.
What it affects
- Kalyan Jewellers IndiaKALYANKJILPositive +14
Shares jumped 15% on strong Q2 resultsRolling sentiment Positive +76
Source
Read the original at Economic TimesMore Kalyan Jewellers India news
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