Bengaluru, Sept. 3 -- The shares of this leading manufacturer and seller of gold jewellery are in focus after PE firm eyes to purchase a 10 percent stake in its Candere business. In this article, we will dive more into the details of this.

With a market capitalisation of Rs 52,797 crore, the shares of Kalyan Jewellers India Ltd made a day high of Rs 521.40 per share, up by 2.5 percent from its previous day closing price of Rs 508.70 per share. In the last one year, the stock has corrected by 21 percent.

About the news According to sources, global private equity powerhouse Warburg Pincus is currently in discussions with Kalyan Jewellers India to buy about a 10 percent stake in its lifestyle jewellery brand, Candere, for an estimated Rs 8...