Kalyan Jewellers surges 17.5% on asset-light note; Swiggy, Ather among retail movers
Kalyan Jewellers rallied 17.5% to Rs 440 on Citi's asset-light thesis, leading a broad retail-sector move. Swiggy climbed 7.4% to Rs 280.90, EIH/Oberoi gained 9.34%, GM Breweries rose 6.3% on Q1 earnings, and Ather Energy hit a 52-week high as EVs crossed 12% of June vehicle retail sales.
Midday market movers include retail-relevant stocks: Kalyan Jewellers rallied 17.5% on Citi's asset-light note, Swiggy up 7.4%, GM Breweries up on Q1 earnings, EIH/Oberoi up 9.34%, and Ather Energy hit 52-week high as EVs crossed 12% of June vehicle retail sales.