Kalyan Jewellers stock jumps 48% in four days, market value grows by ₹17,000 crore

Shares of Kalyan Jewellers India continued their upward trend for the fourth consecutive day on Monday, climbing more than 10% to reach a peak of ₹526. The stock has seen a rise of over 48% during this four-day period, increasing the firm's total market valuation by upwards of ₹17,000 crore. This momentum accelerated following Citigroup's decision to maintain a "Buy" recommendation for the shares.