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The Economic Times
The Economic Times
Ritesh Presswala

Kalyan Jewellers shares tumble 7% despite strong Q1 update. Details here

Kalyan Jewellers Kalyan Gold Candere

Shares of Kalyan Jewellers India fell 7.3% to Rs 352.60 on the BSE during Tuesday's trading session, despite the company reporting a strong Q1 business update. The company reported around 38% year-on-year (YoY) consolidated revenue growth, driven by strong performance across its domestic and international operations.

Kalyan Jewellers said consolidated revenue grew around 38% YoY for the June-ended quarter, supported by healthy consumer demand.

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