Kalyan Jewellers shares surge 12%, jump 50% in just 4 sessions; is there more steam left?
New Delhi, July 13 -- Kalyan Jewellers' share price has been on a strong uptrend over the last few sessions. Kalyan Jewellers India share price jumped nearly 12% to an intraday high of Rs.531.50 in intraday trade on the BSE on Monday, 13 July, rising for the fourth consecutive session. In just four sessions, the jewellery stock has soared 50%, while on a monthly scale, the stock has jumped over 36% in July so far after a 9% rise in June.
Kalyan Jewellers shares hit their 52-week low of Rs.327.15 on 11 June this year. At the current juncture, they are up nearly 62% from their 52-week lows. Meanwhile, it is still over 14% down from its 52-week high of Rs.617.30, scaled on 24 July last year.
Shares of the company have been rising after the...
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