Kalyan Jewellers Shares Boom on Strong Q2 Business Update | Stock Market News

Shares of Kalyan Jewellers India soared 4% on October 6 after the company released its Q2 business update. The company reported a total revenue growth of around 27% for the September quarter, driven by strong growth in its India operations. Kalyan Jewellers is also expanding its reach in the Middle East and has signed 6 Letters of Intent for the first set of pilot franchised showrooms in the South region.