Thangamayil Jewellery Ltd Hits Intraday High with 7.18% Surge on 21 Jan 2026

Intraday Trading Highlights

On the trading day, Thangamayil Jewellery Ltd opened with a notable gap up of 2.29%, signalling strong buying interest from the outset. The stock continued its upward momentum throughout the session, touching a peak price of ₹3,987, which represents a 7.33% gain compared to the prior close. This intraday high places the stock just 4.05% shy of its 52-week high of ₹4,138.15, underscoring its sustained strength over the past year.

The stock’s day change stood at an impressive 7.18%, significantly outperforming the Gems, Jewellery And Watches sector by 6.5%. This outperformance is particularly notable given the broader market context, where the Sensex opened lower at 81,794.65, down 385.82 points (-0.47%) and was trading at 82,054.85 (-0.15%) during the day.

Thangamayil Jewellery Ltd has now recorded gains for two consecutive trading days, accumulating a 7.21% return over this period. The sustained buying pressure reflects a strong intraday and short-term trend for the stock.

Technical Positioning and Moving Averages

The stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a solid upward trend and suggests that the stock is maintaining momentum across multiple timeframes. In contrast, the Sensex is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating a mixed technical picture for the broader market.

The strong technical setup for Thangamayil Jewellery Ltd is further supported by its Mojo Score of 78.0, which corresponds to a Buy grade as of 18 Nov 2025. This represents a slight downgrade from a previous Strong Buy rating, reflecting a recalibration of the stock’s momentum and fundamentals by MarketsMOJO’s proprietary scoring system.

Comparative Performance Analysis

Thangamayil Jewellery Ltd’s performance over various time horizons highlights its strong relative strength against the Sensex. The stock’s 1-day return of 6.91% contrasts sharply with the Sensex’s marginal decline of 0.17%. Over the past week, the stock gained 3.72% while the Sensex fell by 1.61%. The divergence is even more pronounced over longer periods, with the stock delivering a 19.07% return over one month versus the Sensex’s -3.40% and an extraordinary 101.07% gain over three months compared to the Sensex’s -2.83%.

Year-to-date, Thangamayil Jewellery Ltd has appreciated by 23.45%, while the Sensex has declined by 3.73%. Over one year, the stock’s return of 137.59% far exceeds the Sensex’s 8.18% gain. The stock’s long-term performance is particularly remarkable, with a 3-year return of 647.64%, a 5-year return of 1,256.01%, and a 10-year return of 4,077.94%, compared to the Sensex’s respective returns of 35.33%, 65.32%, and 242.38%.

Market Context and Sector Dynamics

The broader market environment on 21 Jan 2026 was subdued, with the Sensex experiencing its third consecutive weekly decline, losing 4.32% over the last three weeks. Despite this, Thangamayil Jewellery Ltd’s sector, Gems, Jewellery And Watches, saw the stock outperform by 6.5% on the day. This divergence highlights the stock’s resilience and ability to attract trading interest even as the benchmark index faced pressure.

The stock’s market capitalisation grade stands at 3, reflecting its mid-tier market cap status within its sector. This positioning may contribute to its volatility and responsiveness to market catalysts.

Summary of Intraday Trading Action

Thangamayil Jewellery Ltd’s intraday high of ₹3,987 represents a significant milestone in its recent price trajectory. The stock’s ability to maintain gains above all major moving averages and its proximity to the 52-week high underscore a strong technical foundation. The 7.18% day change and consistent gains over the last two sessions reflect sustained demand and positive trading momentum.

While the broader market and Sensex faced downward pressure, the stock’s outperformance within its sector and against the benchmark index highlights its distinct trading dynamics on the day. The Mojo Score and Buy grade reaffirm the stock’s current standing in the market, with a recent adjustment from Strong Buy to Buy indicating a measured but positive outlook from the scoring model.

Overall, the trading session on 21 Jan 2026 showcased Thangamayil Jewellery Ltd’s capacity to deliver strong intraday gains amid a challenging market backdrop, supported by favourable technical indicators and sector-relative strength.

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