Buy Kalyan Jewellers, target price Rs 875: Motilal Oswal Financial Services

Motilal Oswal Financial Services suggests buying Kalyan Jewellers shares, aiming for a target price of Rs 875. Currently, the price is Rs 682.75. Kalyan Jewellers has shown significant growth with increased revenue and added new showrooms. The company has a strong shareholding base with promoters having 62.9% stake. The positive performance was driven by demand during festive and wedding seasons.