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VERIFIEDET Markets·positive
Kalyan Jewellers jumps 9%, m-cap swells by Rs 13,280 crore. What's next?
AI Summary
- ·Kalyan Jewellers' market capitalization increased by Rs 13,280 crore following a 9% jump in its share price.
- ·The company reported a consolidated revenue growth of nearly 38% year-on-year for the first quarter.
- ·Analysts remain optimistic due to the company's expansion plans and the formalization of the jewelry industry.