Analysts flag strong buy on Kalyan Jewellers at Rs 377.85 on resilient domestic demand
NDTV Profit's Ask Profit panel issued a strong buy on Kalyan Jewellers, citing attractive fundamentals and resilient domestic jewellery sales. The call sits alongside recommendations on HDFC Bank, BEL, Ashok Leyland, Cipla and Waaree Energies, but retail relevance centres on the jewellery retailer.
Analysts on NDTV Profit's Ask Profit issued a strong buy on Kalyan Jewellers, citing attractive fundamentals and resilient domestic jewellery sales, alongside calls on HDFC Bank, BEL, Ashok Leyland, Cipla and Waaree Energies.
Why this matters
The buy call follows strong fundamentals: Q4 net profit more than doubled to Rs 409.5 crore and India revenue surged over 65%, with shares jumping 4% on results.
Retail-brand signals steady at 2087 over the last 90 days.