Kalyan Jewelers stock zooms over 8% on large block deals, up 440% in 15 months

Kalyan Jewelers stock zooms over 8% on large block deals, up 440% in 15 months

One of the biggest jewellery companies in India, Kalyan Jewellers India, saw its shares soar 8.3% in early morning trading to hit ₹589.45 a share, after news broke of five sizable block deals for ₹3,585 crore on August 22. An estimated 6.6 crore shares, or 6.4% of the jewellery company, were reportedly swapped today at … Read more