Thangamayil Jewellery Faces Continued Decline Amid Broader Market Challenges

Thangamayil Jewellery, a midcap player in the diamond and gold jewellery sector, has faced notable challenges today, experiencing a decline of 5.74% on January 13, 2025. This drop is part of a broader downward trend, with the stock underperforming its sector by 3.54% and marking a total decrease of 10.97% over the last four consecutive days.
On this day, the stock reached an intraday low of Rs 1822.75, reflecting a decrease of 4.32%. In terms of moving averages, Thangamayil Jewellery is currently positioned above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed short-term performance.

When compared to the broader market, Thangamayil Jewellery's one-day performance stands in stark contrast to the Sensex, which only declined by 0.78%. Over the past month, the stock has seen a significant drop of 14.72%, while the Sensex has decreased by 6.52%. These metrics highlight the stock's current struggles within the market landscape.