Stocks To Buy: UBS bets on this jewellery stock for up to 50% upside

Despite the stock having risen around six-fold between FY22 and FY26, the brokerage said Kalyan Jewellers trades at around 30 times its estimated earnings for financial year 2028, representing a discount of roughly 45% to Titan. The brokerage expects this valuation gap to narrow as the company's growth continues.
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