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Bloomberg Quint
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Kalyan Jewellers Share Price Erases Gains After Rising On Q2 Earnings Beat
- Kalyan Jewellers' share price rose initially on Q2 earnings beat.
- The company reported a net profit of Rs 130 crore, down 3.3% from the same period last year.
- However, revenue surged 37% to Rs 6,065 crore, beating market estimates.
- Citi maintains a 'buy' rating on Kalyan Jewellers, raising its target price to Rs 810.
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