Thangamayil Jewellery Hits New 52-Week High at Rs. 3431.15

Thangamayil Jewellery has reached a significant milestone by hitting a new 52-week high of Rs. 3431.15 today. This achievement underscores the company's strong performance in the gems, jewellery, and watches industry, particularly as it has demonstrated a remarkable annual growth rate in net sales of 35.44% and an operating profit increase of 21.61%.
Despite today's performance showing a decline of 5.93% against its sector, Thangamayil Jewellery has maintained a robust position, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has exhibited high volatility, with an intraday fluctuation of 5.57%.

Over the past year, Thangamayil Jewellery has generated a return of 64.91%, significantly outperforming the Sensex, which has seen a modest increase of 5.17%. The company's consistent financial results, including a net profit growth of 28% and positive quarterly results for the last four consecutive quarters, reflect its strong market position. With institutional investors increasing their stake, holding 19.86% of the company, Thangamayil Jewellery continues to demonstrate solid fundamentals in a competitive landscape.