11
Dec
Mumbai (Maharashtra) [India], December 11: invest4Edu Initiates Coverage Update on Khazanchi Jewellers –Invest4Edu Research has issued a BUY rating on Khazanchi Jewellers Limited following a strong Q2 FY26 performance, revising its target price to ₹900 from the previous ₹805. With the stock currently trading at ₹734, the brokerage expects an upside potential of 23%, supported by robust earnings, margin expansion, and a balanced wholesale–retail growth strategy. In Q2 FY26, the company reported 46.2% YoY revenue growth to ₹548.6 crore, driven by sustained wholesale demand and improving traction in its design-led retail offerings. Profitability surged, with EBITDA rising 113.3% YoY to ₹32.3 crore…
