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Deal● Neutral for Kalyan Jewellers India
Kalyan Jewellers sells Coimbatore land for ₹86 crore to Shivasakthi Real Estates
The brief
- Kalyan Jewellers sold Coimbatore land for ₹86 crore to Shivasakthi Real Estates
- Its shares closed at ₹553.20, down 2.95% on the BSE
- The land sale and share decline are directly relevant to Kalyan Jewellers investors