Kalyan Jewellers India extends losing run to fifth session

Kalyan Jewellers India

09/01/2025 10:21

** Shares of Kalyan Jewellers India  KALN.NS  end 6.2% lower
at 662.55 rupees
    ** Stock down for a fifth-straight session, its longest
losing streak since early August
    ** Jeweller has fallen 17% in five sessions after hitting
record high on Jan. 2 
    ** Reuters could not independently verify reason for day's
move
    ** KALN closes below 100-day simple moving avg 
    ** Analysts tracking stock rate it "buy" on avg, same as
peer Tata Group-owned Titan  TITN.NS  - data compiled by LSEG
    ** Stock more than doubled in value in 2024


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))