India's Kalyan Jewellers climbs to one-month high on strong growth commentary

Kalyan Jewellers India

24/03/2025 07:00

** Kalyan Jewellers India KALN.NS jumps 5% to one-month high of 494.8 rupees

** Stock on course for a fifth session of gains, and longest winning streak in a year

** Despite jump in gold prices and competitive intensity, Q4 growth momentum strong amid robust wedding season and consumer engagement, say analysts

** Co meets with analysts on March 17

** ICICI Securities raises PT to 520 rupees from 450 earlier, maintain "add" rating

** Stock down 35%, YTD

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))