Jefferies sees 76% upside in Kalyan Jewellers in bull case; here is why
- Posted on October 8, 2026
- By Business News Today
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- 1 min read
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Jefferies sees 76% upside in Kalyan Jewellers in bull case; here is why
Jefferies has reiterated a Buy rating on Kalyan Jewellers, setting a base target of Rs 830 and a bull-case target of Rs 1,000, implying a 76% upside. The brokerage highlighted market-share gains, store additions, and structural shifts to organised retail as primary long-term growth triggers for the stock.
