Kalyan Jewellers shares fall 14% from opening highs; Citi raises target to ₹700
Shares of Kalyan Jewellers India Ltd., the Thrissur, Kerala-based jewellery maker, are trading with losses of around 9% on Friday, August 8, despite gains in three of the last four trading sessions. The stock opened higher at ₹615.65 but soon declined sharply to hit the day’s low of ₹542. Global brokerage firm Citi has maintained…