Kalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call
- Posted on July 15, 2025
- By Business News Today
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Kalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call

JM Financial has initiated coverage on Kalyan Jewellers with a ‘buy rating, setting a target price of Rs 700. This optimism stems from Kalyan's strategic store expansion, improving financials, and the favourable trends in India's jewellery sector.