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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.
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