Jefferies Sees 76% Upside in Kalyan Jewellers Bull Case
Jefferies reiterated a Buy rating on Kalyan Jewellers with a base target of Rs 830 and a bull-case target of Rs 1,000, implying a 76% upside. The brokerage cited market-share gains, store expansions, and shifts toward organised retail as key long-term growth drivers for the stock.
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