Kalyan Jewellers Stock Plunges 25% in 9 Days, Hits One-Year Low

• Kalyan Jewellers shares have fallen over 25% in nine consecutive trading days, hitting a one-year low of ₹390.00.
• The stock closed at ₹396.85 on BSE, down 12.12% today, with a 13.64% intraday slip.
• Institutional investors like Sundaram Midcap Mutual Fund and the Singapore government have reduced their stakes, while Motilal Oswal Midcap increased its holding.
• Retail investor numbers and holdings have increased, and promoters' pledged shares have also risen.
• Despite the current slump, 8 out of 9 analysts recommend 'buy' with a highest target price of ₹775.

Why It Matters: Kalyan Jewellers stock is experiencing a significant downturn, but analysts remain optimistic about its future.