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KALN – Kalyan Jewellers India Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 1.37

Low: 1.25

High: 1.52

Total Analysts: 4

Company Profile

Kalyan Jewellers India Limited is an India-based jewelry retailer, which is engaged in offering gold, diamond, pearl, white gold, gemstone, platinum and silver jewelry products. The Company’s brand includes Mudhra, Anokhi, Rang, Vedha, Tejasvi, Apoorva, Ziah, Laya and Glo. Its products include chains, rings, necklaces, earrings, bracelets, bangles, gold, white gold and platinum. The services provided by My Kalyan includes jewelry purchase advance schemes, gold insurance, wedding purchase planning, advance booking of purchases to protect against price increases, sale of gift vouchers and gold buying tips and education. It has approximately 137 retail stores spread across India and Middle East. Its subsidiaries include Kalyan Jewellers FZE, Kalyan Jewellers LLC, Kalyan Jewellers For Golden Jewelry Company, W.L.L., Kalyan Jewellers LLC, Kalyan Jewellers LLC, Kenouz Al Sharq Gold Ind.LLC, Kalyan Jewelers, Inc., Kalyan Jewellers Bahrain W.L.L and Enovate Lifestyles Private Limited.

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