New Delhi, Feb. 9 -- Kalyan Jewellers' share price zoomed 10% to hit the upper price band on Monday, February 9, after its third-quarter results turned out to be better-than-expected.

The jewellery stock rose to Rs.417.75 on the BSE as against its last closing price of Rs.379.80 amid solid buying action visible in the counter. As of 9.50 am, the number of shares traded on BSE was more than twice the two-week average.

With today's rise, Kalyan Jewellers share price cut its year-to-date losses to 14%. The stock had lost 36% last year, its biggest annual drop since listing.

More to come.

Published by HT Digital Content Services with permission from MINT....