Kalyan Jewellers shares plunged up to 8.63% on Tuesday, wiping out nearly ₹2,672 crore in market capitalization despite posting impressive Q1 results with 38% revenue growth in India, 35% in international markets, and 112% surge in online sales through Candere. Falling gold prices and reduced jewelry demand have raised investor concerns, overshadowing the company’s strong store expansion and quart
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