India's Kalyan Jewellers rise on large shareholder buying stake from Warburg affiliate

Kalyan Jewellers India

22/08/2024 04:54

** Shares of Kalyan Jewellers  KALN.NS  up 6.3%; co top
gainer in Nifty mid-cap index  .NIFMDCP100 
    ** Co on Wednesday said its large shareholder will buy 2.4%
stake in co from a Warburg Pincus affiliate
    ** About 1.7 mln shares changed hands in early trade via
block deals as per LSEG data
    ** KALN shares up 63% YTD vs 27% rise in mid-cap index



 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))