Kalyan Jewellers jumps 10% after Q2 results, volume spikes
In short
Kalyan Jewellers rose 10% and touched a 52-week high after its Q2 results. By 09:32 AM on Wednesday, 17.37 million shares had changed hands on the NSE and BSE, about 10 times the usual volume.
What the reporting says
Kalyan Jewellers surged 10% and hit a 52-week high after its Q2 results, with trading volume jumping sharply on Wednesday. The average volume at the counter rose 10-fold, and 17.37 million shares changed hands on the NSE and BSE by 09:32 AM. The move showed strong investor interest in the stock following the results.
Why it matters
Kalyan Jewellers saw a sharp post-results move, with the stock up 10% and hitting a 52-week high on Wednesday. The counter also recorded a 10-fold jump in average trading volume, with 17.37 million shares traded across the NSE and BSE by 09:32 AM. The market reaction suggests strong investor attention to the Q2 outcome.