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Citi says Kalyan Jewellers stock may double

India IPORead the original8 Jul 2026

Citi says Kalyan Jewellers stock may double despite Q1 revenue missing estimates. The brokerage maintained a Buy rating with a target price of ₹140, implying significant upside. Strong post-IPO performance and brand value support long-term growth. 📊 STOCKS: KALYANJEWELS | 🏢 SECTOR: Consumer Durables | #MEDIUMIMPACT #BrokerCall

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