Kalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call

JM Financial has initiated coverage on Kalyan Jewellers with a ‘buy’ rating and a target price of Rs 700 per share, citing the company’s strong store expansion strategy, improving financial…

Continue ReadingKalyan Jewellers shares may rally up to Rs 700, JM Financial says as it begins coverage with buy call

Morgan Stanley initiates coverage on The Leela shares with ‘overweight’ rating, Rs 549 target; stock up 5%

Driven by a “higher-for-longer” upcycle in the luxury hospitality segment, global brokerage firm Morgan Stanley initiated coverage on Schloss Bangalore, the company that owns and operates luxury hotels under the…

Continue ReadingMorgan Stanley initiates coverage on The Leela shares with ‘overweight’ rating, Rs 549 target; stock up 5%