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, marking a notable achievement for the small-cap player in the gems, jewellery, and watches industry. This peak comes after a period of strong performance, although the stock has recently experienced a trend reversal, falling after six consecutive days of gains.
Despite today's underperformance against its sector by 5.93%, Thangamayil Jewellery has demonstrated resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's intraday volatility was recorded at 5.57%, indicating a highly active trading session.

Over the past year, Thangamayil Jewellery has shown impressive growth, with a 64.91% increase in stock value, significantly outperforming the Sensex, which has risen by 5.17% during the same period. The company has consistently reported positive results, with net sales growing at an annual rate of 35.44% and a net profit increase of 28%. This performance underscores the company's strong market position and operational effectiveness in the competitive jewellery sector.