Kalyan Jewellers gains 16% in two sessions; analysts see 13% upside
ET Intelligence Group: Kalyan Jewellers India delivered a strong 31% and 64% growth in revenue and net profit for the September quarter, driven by robust festive demand, market-share…
Attributed summary
ET Intelligence Group: Kalyan Jewellers India delivered a strong 31% and 64% growth in revenue and net profit for the September quarter, driven by robust festive demand, market-share gains from the unorganised sector and healthy volume growth. The country's second largest listed jeweller, by revenue and market capitalisation, is expected to sustain business momentum in the December quarter as well, supported by festive demand and improving operations in non-South regions…
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