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Kalyan Jewellers said it achieved positive operating performance despite multiple headwinds during the quarter, such as extreme volatility in gold prices and a higher number of Shradh days.
Kalyan Jewellers India reported strong performance in terms of foot traffic and revenue in Q3FY24, achieving consolidated revenue growth of 33% compared to the same period last year.
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It is an uptrend signal if the RSI value has crossed above 50 from below. RSI trending up means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.