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Covered by 7 outlets
Kalyan Jewellers shares jump 9% post Q2 results
Strong revenue growth and positive management commentary on festive and wedding-season demand also supported investor sentiment.
Kalyan Jewellers shares rose after its Q2 results, with the outlets giving different figures for the gain. BusinessLine reported a rise of over 12% to a fresh high, citing strong revenue growth and positive management comments on festive and wedding-season demand. ET Now reported a 10% rise after the Q2FY27 results, while CNBC TV18 put the jump at 12% and said UBS called the results in-line but viewed the quarter positively. Q2 means the July to September quarter, the second quarter of India's financial year, and FY27 is the year ending March 2027. A 52-week high is the highest price the stock has touched in the past year.
AI summary of what BusinessLine, Zee Business, ET Now and CNBC TV18 reported. AI can make mistakes. Read the full story on BusinessLine