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Kalyan Jewellers - Growth-Focused Strategy Backed By Franchise-Led Expansion: Motilal Oswal

The brokerage reiterates Buy rating with a target price of Rs 570 (premised on 45 times June-26E earnings per share).

<div class="paragraphs"><p>Customers shop at a Kalyan Jewellers India Ltd.'s store during the occasion of Akshaya Tritiya in Borivali, Mumbai on May 10, 2024.&nbsp;Photo: Vijay Sartape / Source: NDTV Profit</p></div>
Customers shop at a Kalyan Jewellers India Ltd.'s store during the occasion of Akshaya Tritiya in Borivali, Mumbai on May 10, 2024. Photo: Vijay Sartape / Source: NDTV Profit
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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